Why Is Crypto Crashing? Understanding the Dive
The cryptocurrency market took a nosedive, losing $367 billion in just 24 hours1. This crash has shaken investors and raised questions about digital currency stability. Bitcoin fell below $55,013, dropping 17.37% in a week1. Ethereum plunged to $2,447, down 26.53% in seven days1. The crypto world is now filled with uncertainty. The total market cap…