The recent crash of the cryptocurrency market is attributed to several factors, the most prominent of which are:
1. Federal Reserve Policy - Refers to a cautious approach to lowering interest rates, leading investors to shy away from high-risk assets. 2. Selling pressure from whales – Some major holders have sold large quantities, leading to an accelerated decline. 3. Global Economic Conditions – Tensions in traditional markets have impacted the crypto. 4. Liquidation of leveraged contracts - The liquidation wave has accelerated the decline. 5. Fear Factor (FUD) - Negative news and panic among investors prompted more selling. Do you think the market will recover soon?
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The recent crash of the cryptocurrency market is attributed to several factors, the most prominent of which are:
1. Federal Reserve Policy - Refers to a cautious approach to lowering interest rates, leading investors to shy away from high-risk assets.
2. Selling pressure from whales – Some major holders have sold large quantities, leading to an accelerated decline.
3. Global Economic Conditions – Tensions in traditional markets have impacted the crypto.
4. Liquidation of leveraged contracts - The liquidation wave has accelerated the decline.
5. Fear Factor (FUD) - Negative news and panic among investors prompted more selling.
Do you think the market will recover soon?