Why crypto market is down?

“According to the market cap, the top cryptos ran in red over the previous day. This drop in the crypto market is due to the ongoing tensions between Russia and Ukraine . Investors seem to be concerned about the inflation levels too,” Edul Patel said.

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Is crypto market growing?

Crypto’s infrastructure grew significantly in 2021. 2021 saw the crypto markets boom and mature , with different sectors flourishing and largely outperforming bitcoin. While bitcoin only managed to return 59.8% last year, the crypto sector’s total market cap grew by 187.5%.

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