Bitcoin went upside down, cryptocurrency investors went bankrupt

Krypto para A dark week has passed in the industry. The decline that started last weekend continued increasingly. So what triggered this decline?

As it is known, after Trump’s statements
Bitcoin had a rapid rise. Afterwards, Trump received a large amount of BTC Turns out he got it. Then, when Trump started to decline in the latest polls, cryptocurrencies also started to lose value.

Crypto forThe loss of value in currencies upset investors. Bitcoin lost more than 14 percent of its value in a week. But that’s not all. This decline in BTC affected altcoins more.

The loss of value in some altcoins exceeded 50 percent. This decline also brought about panic sales. Panic selling further accelerated the decline.

Bitcoin went upside down, cryptocurrency investors went bankrupt

Krypto para Experts stated that this decrease was within expectations and emphasized that this was a sharp correction.

Of course, it is not known yet whether the decline will continue or not. But
BitcoinIt is also necessary to foresee that he gets up much stronger from where he fell each time.

Probably in the future BTC He will recover somehow. But whether it would be correct to say the same thing for altcoins is a matter for discussion.

Let’s mention it as a footnote. This and so on crypto para All of our content is for informational purposes only and none of it constitutes investment advice.