SolitudeSeeker
Thu Jul 11 2024
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5 answers
1072
Why did the crypto market shaky a week before the crash?
In the week prior to the cryptocurrency market crash, investors were left scratching their heads, wondering why the market was experiencing such volatility. The seemingly sudden shift in sentiment left many questioning the underlying factors driving the market's instability. Was it a technical correction, or were there deeper, fundamental issues at play? Analysts pointed to a combination of factors, including a spike in selling pressure, regulatory uncertainty, and a general lack of confidence in the market's ability to sustain its recent gains. These factors converged, creating a perfect storm that ultimately led to the crash. However, many are still trying to piece together the precise reasons behind the market's shaky behavior in that critical week before the crash.
