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Why are crypto markets crashing?- What should investors do?- Expert explains

 The global market has crashed to $1.40 trillion while the majority of the top cryptocurrency tokens bleed red. Experts explain why this is happening and what should investors do.  Cryptocurrency markets have been crashing. The majority of top tokens have slid significantly from their positions in the last few hours and this has become a cause of concern for investors as well as other stakeholders.  Bitcoin CRASH  In the past twenty-four hours, CoinMarketCap data showed that as of 7:50 AM IST, the global market capitalization of cryptocurrencies has slid by 9.83 per cent over the previous 24 hours, to $1.40 trillion. Bitcoin is trading at $31,008 and is down 8.54 percent after hitting support levels. Its all-time high was near $69,000. The cryptocurrency dipped below $30,000 in the early hours of Tuesday but has since recovered.  ETH, SOL, and ADA also fall  Even Ethereum, the second-largest cryptocurrency by market cap exhibited a significant downward trend and is currently trading a
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Bitcoin crash- what’s behind crypto collapse?

 Cryptocurrency is volatile, with a track record of “boom and bust“ cycles that have left many wondering whether it’s safe to invest. What is happening to the value of bitcoin and why?  Bitcoin is incredibly volatile, rising and falling sharply on a daily basis. But it’s not the only cryptocurrency to have had a tumultuous time recently. Global stocks have gone into a downturn as result of: The war in Ukraine Inflationary fears Higher interest rates, which will make it more expensive for businesses to borrow money This has spilled over into the cryptocurrency market. The slump in June 2022 was triggered by Celsius Network, a major US cryptocurrency lending company, after it froze withdrawals and transfers, citing “extreme” conditions. The move fuelled a slump across cryptocurrencies, with their value falling below $1trillion for the first time since January last year. Bitcoin slid to $23,476 after the announcement. Ether, the second largest token after bitcoin, tumbled by as much as 16
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The search term ‘Bitcoin Crash’ is trending — Here’s why

 The digital gold, aka Bitcoin, has been marked “dead” at least 458 times since 2009. However, BTC proved to be more than alive each and every time. Last year, the word “crypto” was trending all over the internet as the crypto market was generally flourishing.  However, now it appears that the good fortunes of digital coins havee waned as cryptos have slipped into a serious bear market. Bloomberg recently reported that while the short-term investors wasted no time in dumping their holdings, even the old-timers are now exiting the scene. What triggered the latest Bitcoin crash? Bitcoin has slipped nearly 70% from its November record high, but it all started in March when CNBC reported that the Federal Reserve approved its first rate hike in three years. That singular act went on to be a major turning point, putting downward pressure on risk assets like Bitcoin. Meanwhile, a series of other events soon followed that also impacted the crash of Bitcoin, including Russia’s invasion of Ukrai
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Will the crypto crash derail the next web revolution?

Advocates argue that the blockchain technology that underpins digital assets will withstand the recent fall in values Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour. Risky, flawed and unproven’ That is not a universally held belief. Exactly what that “something” is — or what uses it could be put to that are not already possible with today’s technology — is not absolutely clear. So far, crypto tech has been used mainly for financial speculation, criminal activity, decentralised finance or DeFi (which exists outside regulation) and the creation and trading of unique digital tokens called NFTs, which have been through their own boom and bust. “A lot of the language [ab
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Why Does Crypto Crash? 6 Reasons

Cryptocurrencies are volatile by nature, as 2022 has proven. Here's why. Recent cryptocurrency downturns have wiped out huge amounts of wealth. Cryptocurrencies have had a rough start to the year. As of May 12, Bitcoin (BTC) had lost nearly 40% in value year to date, while Ethereum (ETH) and Binance Coin (BNB) were each down about 48% in that period. These are the three biggest cryptocurrencies in circulation by market capitalization – not counting stablecoins Tether (USDT) and USD Coin (USDC), which are meant to be tied to the U.S. dollar. This isn't the first time crypto has taken a big dive. From mid-May to mid-July 2021, cryptos went through another big drop, and Bitcoin fell more than 45%. Despite the volatility, many investors are still interested in cryptocurrencies. According to Vin Narayanan, vice president of strategy at Early Investing, "As crypto adoption increases, it'll become more stable." Until then, however, investors may want to know what to look
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Bitcoin crash-what’s behind crypto collapse?

 Cryptocurrency is volatile, with a track record of “boom and bust“ cycles that have left many wondering whether it’s safe to invest. What is happening to the value of bitcoin and why?  Bitcoin is incredibly volatile, rising and falling sharply on a daily basis. But it’s not the only cryptocurrency to have had a tumultuous time recently. Global stocks have gone into a downturn as result of: The war in Ukraine Inflationary fears Higher interest rates, which will make it more expensive for businesses to borrow money This has spilled over into the cryptocurrency market. The slump in June 2022 was triggered by Celsius Network, a major US cryptocurrency lending company, after it froze withdrawals and transfers, citing “extreme” conditions. The move fuelled a slump across cryptocurrencies, with their value falling below $1trillion for the first time since January last year. Bitcoin slid to $23,476 after the announcement. Ether, the second largest token after bitcoin, tumbled by as much as 16
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Why Is Crypto Crashing? Here’s What You Should Know Right Now

  The past several years, most people have undoubtedly heard of cryptocurrency even if they haven’t dipped their toes in the investment waters. Now that the prices of Bitcoin, Ethereum and other cryptocurrencies are plummeting, is it time to invest? Will crypto survive the crash and emerge stronger? Why Is Cryptocurrency Crashing? Record-high inflation, fear, rising interest rates and a loss of confidence in crypto investments are all contributing to the crypto crash. Analysts say most of the factors are “macro,” which means they relate to the economy as a whole rather than any flaws in the crypto market. “We have extreme fear in the markets right now. The market has priced in several rate hikes plus they’ve started to price in a severe recession…we’re in complete risk off mode for all assets, just in the same way we were in risk-on mode,” Bill Barhydt, chief executive at crypto financial service provider Abra, told MarketWatch.com in an interview recently. However, some factors are ex
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