Goblin Town
By CoinGecko | Updated on Apr 11, 2022
A term used to describe the market's persistent downtrend, synonymous with "bear market". This is a reference to The Hobbit (1977)'s hit song, "Down Down to Goblin Town"
Related Terms
Order Book
An electronic list of all buy and sell orders in an exchange
Dominance
Typically refers to Bitcoins' market capitalization dominance.
Trading Volume
The amount of the cryptocurrency that has been traded in the last 24 hours.
Distributed Ledger
Ledgers whose data is stored and synced across a network of nodes.
Interested to stay up-to-date with cryptocurrencies?
Get the latest crypto news, updates, and reports by subscribing to our free newsletter.