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Home » Blog » The Major Factors Which Lead To Crypto Crash
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The Major Factors Which Lead To Crypto Crash

April 4, 2024No Comments1 Min Read
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Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Mar 15, 2024 20:16

In the dynamic and volatile crypto world, there has to be sudden unpredictable dips. The current market crash which took nearly all the crypto assets down had 3 reasons: Liquidation issues, market correction, and Panic Selling.There were substantial liquidation issues for cryptos like Bitcoin, Ethereum, and Solana. Over $666 million worth of crypto has been liquidated in the market.  Ethereum which surged over 4k mark earlier has now dropped to $3,678.58. Analysts like Captain Faibik have predicted a market correction before the halving with Bitcoin price to fall to as low as $60,000 until another ATH. The market has hit its best phase in three years which has lead to panic selling, with all these factors crashing the market.

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  • FibSwap DEXFibSwap DEX(FIBO)$0.0084659.90%
  • bitcoinBitcoin(BTC)$70,953.006.13%
  • ethereumEthereum(ETH)$3,664.5818.50%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$627.698.99%
  • solanaSolana(SOL)$181.131.69%
  • staked-etherLido Staked Ether(STETH)$3,662.5418.48%
  • usd-coinUSDC(USDC)$1.00-0.02%
  • rippleXRP(XRP)$0.545.05%
  • dogecoinDogecoin(DOGE)$0.1634778.14%