Post
Topic
Board Bitcoin Discussion
Re: Several reasons explaining the Crypto Price Crash (without BS)
by
xSkylarx
on 18/06/2022, 06:17:18 UTC
~snip

Consider also that there is a market cycle. Last year bitcoin and some altcoins created a new ATH so it should be normal for the market to have a correction. Cryptos can't just always pump the way we want it, traders that bought early will always take profit at some point so we should expect a dump after pumps. The increase in commodity prices because of Ukraine and Russia conflict also affects the market because some people are forced to liquidate their assets in crypto.