why is bitcoin going bust\

Last Updated on February 13, 2024 by Paganoto

Crypto crisis: how digital currencies went from boom to collapse

Crypto crisis: how digital currencies went from boom to collapse

Bitcoin and other cryptocurrencies have been affected by concerns over rising inflation and the ensuing increases in interest rates by central banks, which has made risky assets less attractive to investors. This meant that as stock markets declined, so too did crypto assets.Jun 29, 2022

Crypto Winter Watch: All The Big Layoffs, Record Withdrawals …

Crypto Winter Watch: All The Big Layoffs, Record Withdrawals …

Another crypto lender is fending off forced liquidations, and more firms laid off hundreds of workers this week—marking the latest …

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

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

Bitcoin is a highly volatile cryptocurrency with a track record of “boom and bust” cycles – when its price soars and then crashes back to …

Experts Say Bitcoin Could Hit $100,000 In 2022. Here's … – TIME

Experts Say Bitcoin Could Hit $100,000 In 2022. Here's … – TIME

Bitcoin’s price is projected to hit $100000 soon, but industry experts have differing opinions about when the cryptocurrency will break that threshold.

Bitcoin: Why is the largest cryptocurrency crashing? – BBC News

Bitcoin: Why is the largest cryptocurrency crashing? – BBC News

The more people sell, the less Bitcoin is worth, because that’s how it works – its value is pegged to its desirability. This has a knock-on …

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

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

SAN FRANCISCO — The price of Bitcoin plunged to its lowest point since 2020. Coinbase, the large cryptocurrency exchange, tanked in value.

Why This Crypto Crash Is Different – CoinDesk

Why This Crypto Crash Is Different – CoinDesk

… collapsing and crypto lenders are going bust. Crypto is in a bear market. Inevitably, crypto skeptics are calling “the end of crypto.

The crypto collapse: Here's what's behind bitcoin's sudden drop

The crypto collapse: Here's what's behind bitcoin's sudden drop

The flagship cryptocurrency fell to more than three-month lows on Wednesday, dropping to about $30,000 at one point. · The recent slide is a …

Why the 'Big Short' Guys Think Bitcoin Is a Bubble

Why the 'Big Short' Guys Think Bitcoin Is a Bubble

During the past year of COVID-induced market mania, cryptocurrencies have gone up so much — bitcoin is up about fivefold, while many other …

Crypto crash stokes some financial crisis fears – NBC News

Crypto crash stokes some financial crisis fears – NBC News

But cryptocurrency may have a psychological effect that’s outsized compared to its value, especially as the prices of other assets including …