BitCoinsXE: Ultimate Guide to Cryptocurrencies, Wallets, Markets, and Live Exchange Rates. logo BitCoinsXE: Ultimate Guide to Cryptocurrencies, Wallets, Markets, and Live Exchange Rates. logo
NewsBTC 2022-01-30 22:37:05

Crypto Winter: An Investor’s Big Fear…

It’s been a challenging few months for crypto investors since Bitcoin fell from its all time high of 69k; on top of that, many coins have followed in BTC’s price action footsteps. The entire crypto market has shed more than $1 trillion in value since, and many experts believe more is to come and that this will not be the last of the wave; many people scramble to get a grasp onfwhat’s to come and if we will fall into another dreaded crypto winter. Related Reading | Downward DOGE: Descending Dogecoin Pattern Predicts Deadly Drop Cold World For Crypto… The entire crypto market has lost roughly $1 trillion in value since November, around the time of bitcoin’s all-time high, and other tokens such as ether and solana followed the number one digital currency to trade sharply lower. Ethereum has more than halved in value since reaching its peak in November, while Solana has suffered an even steeper decline, falling 65 percent. Back in 2018, bitcoin went through what many now refer to as ‘crypto winter,’ which saw witness to an 80 percent drop in bitcoin; could this be another case of the current price action BTC: Bitcoin fighting to break 40k after hitting all time high in November 2021. | BTC:USDtradingview.com David Marcus, the former head of crypto at Facebook (now Meta), appeared to suggest that he believes a crypto winter has already arrived. In a tweet earlier this week, he said: “It...

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer