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Crypto Prices Plummet! What happened?
Today the price of crypto dropped dramatically? Relax, let's discuss some of the possible causes:
1. Negative Market Sentiment - Investors buy and sell in bulk because they are afraid or want to take profits.
2. Strict Regulation - The governments of several countries restrict or ban the use of crypto.
3. Inflation & Rising Interest Rates – Investors choose safe haven assets like USD or bonds.
4. Hacking/Security - Security issues on exchanges or large wallets can make the market go down.
5. Market Correction - After a drastic rise, a correction is natural.
But, don't forget:
- Crypto has an up-and-down cycle.
- Are the fundamentals of the project still strong?
- Could this be a buying opportunity?
#Kripto #HargaKripto #Investasi #MarketUpdate
$BTC