Post
Topic
Board Economics
Re: A Sudden Price Drop in The Crypto Markets
by
Midy
on 19/05/2021, 04:16:53 UTC
A sudden price drop in the crypto markets along with the deepening points loss in the dow jones point to a a slow and steady downward trend as of late. Is the bull run of 2021 over? Are these the marks of the beginning of something much worse to come? A major recession, a new crypto winter? What could possibly be next? Any comments and thoughts are more than welcome.

Recently the cryptocurrency market suddenly dropped due to one of the reasons because of Elon Musk who made a statement that his company no longer accepts payments using bitcoin, so that some investors and traders panic selling which makes the cryptocurrency market decline every day, and today I also see information that China has banned its citizens from making all transactions using cryptocurrency, I hope this is not the end of this year's bull run