Why Does Crypto Lose Value At The Start Of The Month

Last Updated on August 29, 2023 by Paganoto

Why the 2022 'crypto winter' is unlike previous bear markets

Cryptocurrencies have suffered a brutal comedown this year, losing $2 trillion in value since the height of a massive rally in 2021.

Why Is Bitcoin Down Today? – Forbes

The original crypto has dropped about 4% in the last 24 hours, with other altcoins moving downward, too.

Why cryptocurrencies have gone from hot to full-on meltdown

Cryptocurrencies have hardly been immune. Since Bitcoin hit an all-time high in November, the value of the world’s most popular digital currency …

3 reasons cryptocurrency prices are still tumbling – CBS News

Bitcoin prices have sunk 21% in the last month, while other cryptocurrencies are also fading. Here’s why.

Bitcoin has lost more than half its value in the last six months …

The cryptocurrency bitcoin, which saw stunning gains last year, lost more than half its value over the past six months.

Why Is Bitcoin Volatile? – Investopedia

If Bitcoin prices continue to hover around $50,000, a larger investor could only liquidate one coin per day. Other investors would begin to sell, and prices …

Why Is Bitcoin's Price Dropping? – Investopedia

The price of Bitcoin is likely to be increasingly correlated with the prices of other assets.

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

More generally, new short-term investors who are selling their holdings in reaction to the latest drop may be contributing to the drop in Bitcoin’s value, …

Bitcoin's Price Rises Above $24,000 Amid Mixed Economic …

Given the crypto’s history of volatility, this increase doesn’t guarantee a long-term reversal.

Bitcoin's price history: 2009 to 2022 – Bankrate.com

Despite the long-term rise, Bitcoin has been dogged by periods where it’s fallen precipitously. The most recent has been since November 2021, …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.