The largest bitcoin market crash ever is happening in 2022. None of the past crashes even come close in terms of the amount of money lost. The price of Bitcoin fell by a greater proportion during the crisis in 2018, but this year’s crash is wiping out much more wealth.
Additionally, some other cryptocurrencies are experiencing percentage drops that are historically unprecedented. Ethereum only experienced a 50% fall in 2018, but this year has seen a 62 per cent decline.
It seems sensible that investors are anxious. People purchase cryptocurrencies in the hopes of receiving big returns that will make them wealthy, but they end up losing money. For these investors, the going is difficult. In this video, we’ll discuss the factors that affected the cryptocurrency crash in 2022
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Very informative 👍
👍🏻👍🏻