Cryptocurrency is deaNEXT th
Had a rough start to the year. As of December 23, Bitcoin (BTC) had lost nearly 40% in value year to date, while Ethereum (ETH) and Binance Coin (BNB) were each down about 48% in that period. These are the three biggest cryptocurrencies in circulation by market capitalization – not counting stablecoins Tether (USDT) and USD Coin (USDC), which are meant to be tied to the U.S. dollar. This isn't the first time crypto hastaken a big dive. From mid-May to mid-July 2022, cryptos went through another big drop, and Bitcoin fell more than 45%. Despite the volatility, many investors are still interested in cryptocurrencies. According to Vin Narayanan, vice president of strategy at Early Investing, "As crypto adoption increases, it'll become more stable." Until then, however, investors may want to know what to look for so they don't get burned by crypto crashes. Here are six reasons why cryptocurrencies crash.
6 REASONS OF DEATH CRYPTO CURRENCY
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