Why Are Investors Worried about “Crypto Winter”?
The crypto market had a great run through 2021. In November, its market capitalization hit US$3 trillion, and Bitcoin reached an all-time high of US$68,000. However, jumping into 2022, the market has experienced some roadblocks. On January 14, Bitcoin fell by 12% to US$36,000, dropping to its new lows since July 2021. Bitcoin’s crash saw a parallel fall in other cryptocurrencies as well, resulting in a total of US$1 trillion being wiped out of the crypto market.
Why Are Investors Worried about “Crypto Winter”? Read More »
The crypto market had a great run through 2021. In November, its market capitalization hit US$3 trillion, and Bitcoin reached an all-time high of US$68,000. However, jumping into 2022, the market has experienced some roadblocks. On January 14, Bitcoin fell by 12% to US$36,000, dropping to its new lows since July 2021. Bitcoin’s crash saw a parallel fall in other cryptocurrencies as well, resulting in a total of US$1 trillion being wiped out of the crypto market.
