why did crypto crash this week

Last Updated on January 6, 2023 by Paganoto

After $2 trillion crypto crash, what happens next? – PBS

After $2 trillion crypto crash, what happens next? – PBS

What led to the downfall in this recent crash is partly due to the greater economic downturn. And then secondarily, you've seen a number of crypto companies that have recently filed for bankruptcy, many of these crypto companies took on too much risk and that risk led to them imploding as the price went down.Jul 17, 2022

Sudden crypto market drop sends bitcoin below $22,000

Sudden crypto market drop sends bitcoin below $22,000

Bitcoin hit a three-week low as cryptocurrencies rapidly plunged in early Friday trading.

Latets Crypto Crash News, Updates | The Economic Times

Latets Crypto Crash News, Updates | The Economic Times

The crypto market plunged in May and June as worries about high inflation and Federal Reserve interest rate hikes prompted investors to ditc… … The two key …

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

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

Bitcoin’s price fell closer to $21,000 on Friday as crypto volatility remains depressed. Bitcoin recently saw significant gains after the Federal Reserve …

Crypto Crash: What Investors Need to Know – Investopedia

Crypto Crash: What Investors Need to Know – Investopedia

The crypto crash taught many lessons this week. Even the top altcoins like Terra can suffer overnight losses and struggle to survive.

Cryptocurrencies Melt Down in a 'Perfect Storm' of Fear and …

Cryptocurrencies Melt Down in a 'Perfect Storm' of Fear and …

A crash in cryptocurrency prices has wiped away more than $300 billion in value this week.

How bad is the crypto market crash? Take a look at Coinbase

How bad is the crypto market crash? Take a look at Coinbase

Crypto downturn is exacerbated by soaring inflation​​ As investors sold off their digital assets, the price of crypto fell further. Stablecoins …

Why crypto is crashing? Analysts detail what's behind this …

Why crypto is crashing? Analysts detail what's behind this …

Rising inflation, interest rate hikes, and geopolitical instability caused by the Ukraine war could be partly to blame, Bank of America global …