why is crypto crashing so bad

Last Updated on January 9, 2023 by Paganoto

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 With the cost of everyday items like gas and groceries increasing, investors began pulling their money out of investments they deemed risky, including cryptocurrencies. As investors sold off their digital assets, the price of crypto fell further.Jul 8, 2022

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

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

“I’ve been through the 2017 cycle, too,” Yang says, referencing the “crypto crash” of 2017 that saw many major cryptocurrencies, including Bitcoin, …

Crypto Crash: Why Is Crypto Down Today? – Forbes

Crypto Crash: Why Is Crypto Down Today? – Forbes

On Monday, the price of Bitcoin (BTC) and other cryptocurrencies tumbled to new 2022 lows as investors dumped risk assets in response to …

Why Is Crypto Crashing? Should You Hang On?

Why Is Crypto Crashing? Should You Hang On?

Why Is Cryptocurrency Crashing? … Record-high inflation, fear, rising interest rates and a loss of confidence in crypto investments are all …

Bitcoin, crypto crashing again; Coinbase stock down too

Bitcoin, crypto crashing again; Coinbase stock down too

Bitcoin isn’t alone in its sudden sell-off, however. Virtually every other major cryptocurrency is crashing this morning. According to data from …

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 …

Why This Crypto Crash Is Different – CoinDesk

Why This Crypto Crash Is Different – CoinDesk

Indeed, they fear its replacement. What they want is to get rich in dollar terms. So cryptocurrency prices are typically quoted in dollars, most …

Crypto Crash: Is Crypto a Bad Investment?

Crypto Crash: Is Crypto a Bad Investment?

Another factor in why crypto is down is that digital assets tend to trade on sentiment, which can be highly susceptible to herd mentality.

Crypto Crash: What Investors Need to Know – Investopedia

Crypto Crash: What Investors Need to Know – Investopedia

When both cryptocurrencies were enjoying their honeymoon period a month ago, who would have thought they would face such a steep fall? The weak sentiment spread …

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

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

Experts say this is because of the wider global climate. It’s not just in the crypto world things are not looking good. Recession looms, …