Not just in crypto...everything is down worldwide. Even the economic status of other countries is getting worse every day and others are still not able to recover economically so cryptocurrency is also affected.
Those countries that are still not yet recovered with their economy are really facing the worst from this financial and world crisis. Inflation is getting higher and each country can't skip it.
For those with a positive outlook on crypto, this big down is a great opportunity to accumulate more bitcoins and other potential coins knowing that the market will not stay in a bear market although we never really know when the bull market.
Well, the usual suggestion we're having when the market is down. It's all about buying at the lowest and taking it as the opportunity that we might not see ever again.
Or if we're going to see it again, it will take time until we come back to this situation that we're having. Cheaper prices for the best cryptos in the market and some still don't like it.