There are many reasons for the crypto market to fall this year, which is one of the important reasons for the cautious attitude of regulators in many countries. Most recently, Bitcoin investors were disappointed when the Securities and Exchange Commission (SEC) rejected a request to open a Bitcoin-based swap fund (ETF).
However, there are still arguments that Bitcoin and other virtual currencies will come at a time of recovery, as it is not the first time Bitcoin has experienced significant price fluctuations.