Everyone wants to blame it on something, but the reality is we are in a bear market. All but a few coins will go down 90+%, the few others will go down 70% and bitcoin dominance (bitcoin market cap compared to entire crypto market cap) will go up.
Some of these coins will recover in the next bull market, but the question is always which ones. This cycle has happened multiple times at this point.
Crypto is dead, the sky is falling. Its all happened before. The only thing that might be different this time is we could be starting a very long global bear market started by high interest rates in the U.S. to curb runaway inflation.
Some of these coins will recover in the next bull market, but the question is always which ones. This cycle has happened multiple times at this point.
Crypto is dead, the sky is falling. Its all happened before. The only thing that might be different this time is we could be starting a very long global bear market started by high interest rates in the U.S. to curb runaway inflation.