Can cryptocurrencies make a strong comeback? | Crypto | 5995 Crypto Exchange

From: Counting the CostA recent meltdown in the crypto market has caused panic among investors.Wild swings are common with cryptocurrencies, but not many would have predicted stablecoins – that are touted as secure – could crash. The unexpected fall in prices has sent the crypto world into meltd ...

From: Counting the Cost

A recent meltdown in the crypto market has caused panic among investors.

Wild swings are common with cryptocurrencies, but not many would have predicted stablecoins – that are touted as secure – could crash.

The unexpected fall in prices has sent the crypto world into meltdown as investors went into what has been compared with a “traditional run” on the banks.

Bitcoin reached its lowest point since 2020 and more than $500bn has been knocked off the sector’s trillion-dollar total market value. The coins later recovered some ground, but investor sentiment remains volatile.

Elsewhere, governments are increasingly tightening their grip on food supplies. Can trade protectionism be avoided?

Read more at www.aljazeera.com

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The unexpected fall in prices has sent the crypto world into meltdown as investors went into what has been compared with a “traditional run” on the banks.

Source: https://5995.io/can-cryptocurrencies-make-a-strong-comeback-crypto/

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