The Nasdaq Composite Index, a proxy for tech, is now down more than 13% this year. Bitcoin is down 21% while Ether has fallen 35%. Overall, the crypto market has lost more than half its value since peaking last November at $2.9 trillion .25 Oca 2022
Read moreWhy is crypto doomed to fail?
Bitcoin is completely incapable of competing with well-established fiat currencies mainly because its owners prefer to hoard rather than spend , and this is the primary reason why in the last couple of months its value has soared up almost endlessly.
Read moreIs crypto market doomed?
Cryptocurrency critics say the market is doomed mainly because of a lack of acceptance, the denial of applications for crypto-ETFs, and the future of regulation in the market .
Read moreWhy all crypto is dropping?
Why is crypto down so much? Uncertainty in traditional markets and Fed concerns , experts say. Over the past week, the cryptocurrency market has experienced massive drops, reaching lows not seen in months.
Read moreWhat is the biggest problem with crypto?
This statistic presents the largest problems of cryptocurrency exchanges according to traders globally as of April 2018. … What are the biggest problems that cryptocurrency traders see in currently available exchanges? CharacteristicShare of respondentsLack of liquidity36%• Traders: biggest problems of cryptoexchanges 2018 | Statista www.statista.com › … › Financial Instruments & Investments
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