I've been watching the
cryptocurrency market recently and it seems like it's crashing. Prices are dropping dramatically and I'm wondering what's causing this. Is it a bubble that's finally bursting or are there other factors at play?
5 answers
BlockchainBaronGuard
Wed Dec 25 2024
Jamie Coutts holds a particular view on the recent crypto crash.
charlotte_wilson_coder
Wed Dec 25 2024
According to him, the primary reason behind this phenomenon is the shrinking global liquidity.
CryptoVanguard
Tue Dec 24 2024
Central banks have been reducing their balance sheets, which has had a direct impact on the overall money supply (M2).
GeishaCharm
Tue Dec 24 2024
This reduction in liquidity has made it challenging for Bitcoin and other risk assets to perform well.
RubyGlider
Tue Dec 24 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of crypto enthusiasts. These services include spot trading, futures trading, and a secure wallet for storing digital assets.