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Bear Market

By Aleks_Crypto | Updated on May 24, 2020
Contrary to bull market, it indicates the direction of the market going for downward trend. It is called "bear" market because as bear attacks, it motions its paws downward - describing the movement of the market.

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Related Terms

ASIC Resistant
A term used to describe cryptocurrency proof-of-work protocols that are resistant to Application-Specific Integrated Circuit (ASIC), by packing in various parameters that make it difficult for ASICs to have a competitive edge against consumer hardwares.
Block
In the context of blockchain, block refers to the collection of transactional data or information that are bundled together in a predetermined size.
Mining
It is the process of the miners verify and adding transaction recors into a block.
Second-Layer Solutions
Secondary network or framework built atop an existing blockchain to address transaction speed and scalability issues.
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