3 wildest theories explaining $500B crypto market crash
Crypto proponents point their finger to the Fed interest rate hike, Wall Street and Russia as the prominent reason behind $500 billion crypto market wipe off. The crypto market lost over $500 billion in combined market capitalization earlier Friday. The market bloodbath led to over $700 million in liquidation as top crypto assets bled heavily. Bitcoin (BTC) fell below the critical support level of $40K while Ether (ETH) also lost $3K support.At a time when crypto proponents are debating whether the crypto market has entered a bear phase, many wild theories flooded the internet to make....
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With so much FUD floating the Bitcoin and crypto market, many have wonder if the recent price action was the result of a “coordinated attack”. Writer Rob O’Neill believes there are 4 potential main theories that could possibly explain recent events with institutions and “the ultra-rich” as the main catalyzers. O’Neill claims these entities feel […]
While the flames of the FTX crash burn the crypto market, people are coming up with different claims explaining why the crypto exchange’s demise. In a market driven by claims, rumors, and speculations, such reports could engineer a further crash. But, on the other hand, it may also shed light on the ongoing investigation. The […]
Following the Bitcoin price crash back below $70,000, bearish predictions have cropped up again, with analysts pushing for further decline. Crypto analyst Xanrox highlights a possible Bitcoin price crash in a recent analysis, explaining why the leading cryptocurrency is likely to go down, then continue upward. And the most interesting part of this prediction is […]