Sourced from https://www.business-opportunities.biz/2020/11/24/crypto-markets/
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Why do crypto markets go through such sweeping up-and-down cycles?
Understanding the problem is 50 percent of solving it. The cryptocurrency market has had some pretty rough weeks. Usually, most of us are left trying to put the pieces together. To put it bluntly, many are still trying to figure out how crypto could lose roughly $300 billion in less than two days back in January 2018.
The Crash of the Crypto Markets Caught Many by Surprise
If we’re being honest, the crash of the crypto markets was probably so frustrating because of the all-time highs a variety of cryptocurrencies hit just prior to the fall. The market caps of cryptocurrencies like Dogecoin and Dentacoin had spent the last few months rising in value. As a matter of fact, they went as far as $1 billion in network value. And then, as suddenly as it had started, it was done.
Major cryptocurrencies experienced drops in the double digits. And the two most p… Read More
