I know it's about cycles. But there must be some explanations. Bitcoin has lost so much, now trading around 42k. Ether also at around 3.1k. They all follow similar trend, a trend I don't really buy into.
It could also mean a time to buy and hodl!
But why the decline?
I personally suspect the sudden rush for NFTs as a money making venture. So, there's a preference, though is will be short-lived.
Gist me.
Why is the crypto market in decline? Time to buy and hodl?
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Why is crypto crashing today? Cryptocurrency market price crash 2022 - Bitcoin, Ethereum, Shiba Inu prices
China makes all crypto currency transactions illegal after ordering shut down of Bitcoin mining in Sichuan province, leading to crypto market prices going down in market value.
After a year of gains and record highs, crypto currencies are enduring a turbulent time with unpredictable price changes.
Bitcoin and other leading crypto coins experienced a significant drop in share price after investors began dumping mining equipment as China announced fresh regulations.
That's why.
China makes all crypto currency transactions illegal after ordering shut down of Bitcoin mining in Sichuan province, leading to crypto market prices going down in market value.
After a year of gains and record highs, crypto currencies are enduring a turbulent time with unpredictable price changes.
Bitcoin and other leading crypto coins experienced a significant drop in share price after investors began dumping mining equipment as China announced fresh regulations.
That's why.
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