jueves, 12 de mayo de 2022

Why have cryptocurrency prices fallen?







In recent days the cryptocurrency market has had several reasons to react the way it is doing.

The price of cryptocurrencies has had a fairly strong fall, starting with the main cryptocurrency btc, which has fallen more than 50% approximately after its historical maximum at $69,000 and until today reaching a minimum of $24,000, this It has not only been seen with this coin but also with the other coins on the market.




It is clear that the cryptocurrency has been affected by the macroeconomic news that embarks on the United States and its struggle to control inflation, In addition to this, the enormous fall that one of the main cryptocurrencies has had on the list, such as Luna and its stablecoin.

In this case, uncertainty takes over investors and panic begins to spread among people who consider that their investment is in danger since cryptocurrencies represent high-risk investments.

All these reasons have been found together at this time, which represents a direct impact on cryptocurrencies and justifies the drastic or dramatic fall they have had in recent days.

however, at this precise moment is when people must have a cold mind to make the best decisions and it is even considered that this collapse or fall represents mostly a great opportunity to invest in projects that are considered profitable and represent great potential in the future.




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