why is crypto so down

Last Updated on May 5, 2023 by Paganoto

The great crypto crash: Five reasons why crypto plunged to its …

The great crypto crash: Five reasons why crypto plunged to its …

The aggressive rising of interest rates is commonly viewed as a leading recession indicator. Following the news, the stock market as well the crypto market witnessed a huge downfall, investors lost trust and started selling off their their digital assets, causing a bloodbath in the crypto market.Jun 15, 2022

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 Bitcoin Down Today? – Forbes

Why Is Bitcoin Down Today? – Forbes

The price of Bitcoin (BTC) has dropped sharply over recent months, thanks to major turbulence in cryptocurrency markets. As of this writing, …

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

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

Some of the drops have been caused by a combination of factors, Noble theorizes, from excitement about low-quality coins, to negative remarks from Elon Musk, to …

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

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

CRYPTOCURRENCIES including Bitcoin, Ethereum, BNB, Cardano and XRP have faced a tough year, with fluctuating values and more. The price of Bitcoin has gone …

Bitcoin, crypto crashing again; Coinbase stock down too

Bitcoin, crypto crashing again; Coinbase stock down too

So what’s causing this sudden crypto crash? Right now the cause is a mystery, as both CNBC and Reuters admit. The most significant negative …

How to Navigate a Crypto Crash in 2022 – NerdWallet

How to Navigate a Crypto Crash in 2022 – NerdWallet

Why is crypto crashing? … Crypto’s price moves can be affected by interest rates, inflation and other macroeconomic factors that can affect how confident people …

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: 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, …

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

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

Because crypto moves much more like a tech stock than it does an inflation hedge, when tech stocks tank, so do digital assets. Tech stocks …