what is causing the crypto drop

Last Updated on July 26, 2023 by Paganoto

Bitcoin crash: what's behind crypto collapse? – The Times

Bitcoin crash: what's behind crypto collapse? – The Times

The slump in June 2022 was triggered by Celsius Network, a major US cryptocurrency lending company, after it froze withdrawals and transfers, citing “extreme” conditions. The move fuelled a slump across cryptocurrencies, with their value falling below $1trillion for the first time since January last year.Jul 4, 2022

Why Is Bitcoin Down Today? – Forbes

Why Is Bitcoin Down Today? – Forbes

“The reason that this particular decline is occurring this year is that market narratives have shifted from risk-on to risk-off,” said Richard …

Crypto Crash: Why Is Crypto Down Today? – Forbes

Crypto Crash: Why Is Crypto Down Today? – Forbes

Cryptocurrency lending firm Celsius announced that it would pause all withdrawals, causing a ripple effect in the fragile crypto market.

Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – Time

Bitcoin Is 'Officially on Vacation,' Dropping Closer to … – Time

Some of the drops have been caused by a combination of factors, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to …

Bitcoin price dropped below $17,800 as sell-off accelerates

Bitcoin price dropped below $17,800 as sell-off accelerates

The carnage in the crypto market is partly caused by pressure from macroeconomic forces, including spiraling inflation and a succession of …

Bitcoin (BTC) falls as market focuses on Celsius issue … – CNBC

Bitcoin (BTC) falls as market focuses on Celsius issue … – CNBC

Bitcoin and other cryptocurrencies fell sharply as investors dump risk assets. A crypto lending company called Celsius is …

Why Is Bitcoin Going Down? What Causes Crypto to Fall in …

Why Is Bitcoin Going Down? What Causes Crypto to Fall in …

It is thought that this drop was triggered by rumors that the U.S would begin more tightly regulating digital assets, which gave many investors …

The reasons behind the crashing crypto market – The Hindu

The reasons behind the crashing crypto market – The Hindu

As central banks withdraw liquidity from the market, there’s less money chasing assets, which in turn causes the prices of assets to drop.

Why are crypto markets crashing? What about luna? We explain

Why are crypto markets crashing? What about luna? We explain

Why are bitcoin and other cryptocurrencies crashing? … Market experts say two main factors are driving the recent slump in the cryptocurrency …

Why Does Crypto Crash? 6 Reasons – US News Money

Why Does Crypto Crash? 6 Reasons – US News Money

Crypto investors taking on too much leverage. · Lack of liquidity in cryptocurrency markets. · Cryptocurrency regulation. · Crypto security …