Market Collapses, Bitcoin Crashes Too – Nerd4.life

Market Cryptocurrency Another recorder collapse, after another in recent months. also BitcoinThe token for this sector has been a huge success, dropping below $20,000. Given that it was nearly $60,000 in November 2021, this is a very awkward situation.

Bitcoin has dropped to $19,943 and is basically back to 2020 levels, burning all the value it has accumulated in recent years. In the last year alone, the decline was -44.03%. It’s still worse etherwhich fell to $1074, when it was $4,818 in November 2021. The value of Dogecoin, the cryptocurrency for people, has also gone up from $0.34 in August 2021 to $0.058 in today’s value.

collapse of the aether

Bitcoin crash

Bitcoin crash

Dogecoin collapse

Dogecoin collapse

The cryptocurrency market literally stands still Sinking, even if the reasons for this situation are not entirely clear. For some analysts, it depends on inflation as a result of the Ukraine conflict. The only thing that is certain is that there are no glimmers of redemption, at least in the short term, and that companies in the sector are preparing for survival, laying off staff and cutting expenses.

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