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why is crypto market tanking

Last Updated on April 17, 2023 by Paganoto

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

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

Experts also point to a potential recession, rising interest rates, the continuous war in Ukraine, and inflation hitting a fresh 40-year high for why we're seeing slumping prices in the stock and crypto markets.

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.

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

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

Bitcoin’s price rose above $24,000 on Monday, though the overall macro economic outlook remains mixed and the crypto market is subdued.

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

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

On Friday, May 6, the cryptocurrency was down to just $36,141.33, according to Coinmarketcap. The stock market overall is down as investors sell risky …

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 …

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

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. Bitcoin, …

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 …

Bitcoin And Crypto Price Crash: 5 Things To Do Rather Than …

Bitcoin And Crypto Price Crash: 5 Things To Do Rather Than …

The price of Bitcoin has plunged this year. With crypto markets largely in free fall, what should virtual currency investors and traders be …

They Lost Crypto in the Crash. They're Trying to Get It Back.

They Lost Crypto in the Crash. They're Trying to Get It Back.

Celsius customers alone lost $5 billion, and the firm’s collapse sent tremors across the digital currencies market, tanking the price of …

Crypto crash 2022: why are bitcoin and ether down? Should …

Crypto crash 2022: why are bitcoin and ether down? Should …

Still, the majority of the crypto crash “has to do with macro, because crypto markets have been diving down since the latest CPI figure,” …