what is driving crypto down?

Last Updated on July 1, 2023 by Paganoto

Crypto Crash: Why Is Crypto Down Today? – Forbes

Crypto Crash: Why Is Crypto Down Today? – Forbes

The price of Bitcoin and other cryptocurrencies tumbled to new 2022 lows this week thanks to elevated instability among stablecoins.

Why Is Bitcoin Down Today? – Forbes

Why Is Bitcoin Down Today? – Forbes

Bitcoin prices are now down nearly 56% year to date, trading well off their all-time highs of around $69,000 in November 2021. Experts also say …

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 …

How to Navigate a Crypto Crash in 2022 – NerdWallet

How to Navigate a Crypto Crash in 2022 – NerdWallet

Why is crypto crashing? … Crypto’s price moves can be affected by interest rates, inflation and other macroeconomic factors that can affect how confident people …

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

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

Market experts say two main factors are driving the recent slump in the cryptocurrency market: moves by the U.S. Federal Reserve to combat …

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

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

This is because investors panic-sold everything. In the first two weeks of March 2020, bitcoin went down over 40%.

Why is the cryptocurrency market down today? | The US Sun

Why is the cryptocurrency market down today? | The US Sun

CRYPTOCURRENCIES including Bitcoin, Ethereum, BNB, Cardano and XRP have faced a tough year, with fluctuating values and more. The price of Bitcoin has gone …

Bitcoin drops below $20000 as crypto meltdown continues

Bitcoin drops below $20000 as crypto meltdown continues

Bitcoin plunged nearly 10% in less than 24 hours, adding to a series of sustained losses over the last several months. It now sits below $20,000 …

Why cryptocurrencies have gone from hot to full-on meltdown

Why cryptocurrencies have gone from hot to full-on meltdown

Why are cryptos falling so sharply? … Because they are being hit by the same factors impacting stocks and other assets. Consumer prices are …

Why the $2 trillion crypto market crash won't kill the economy

Why the $2 trillion crypto market crash won't kill the economy

Rather than driving the economy down, crypto prices are tracking tech equities lower, as both succumb to pressure from greater macroeconomic …