Kryptodata

  • Market Cap: $2,539,410,923,588.63
  • 24h Vol: $95,593,510,591.98
  • BTC Dominance: 51.64%

Domän och hemsidan är till salu. Mejla kontakt@kryptodata.se vid intresse.

What is the reason behind the crypto market's decline this week?

What is the reason behind the crypto market’s decline this week?

– The cryptocurrency market has experienced a significant downturn, with the total market capitalization falling by 10% between Aug. 14 and Aug. 23.

– Rising interest rates, inflation, and global financial turmoil have contributed to the market’s underperformance.

– The delay in approving a Bitcoin ETF and regulatory pressures have also had a negative impact on the market.

– Financial difficulties within the Digital Currency Group and regulatory scrutiny of Binance and Coinbase have added to the market’s woes.

– Despite a potential global economic slowdown, investors are flocking to the perceived safety of the U.S. dollar.

– The ebb and flow of economic factors and regulatory developments will continue to shape the cryptocurrency market’s trajectory in the coming months.

Please enter and activate your license key for Cryptocurrency Widgets PRO plugin for unrestricted and full access of all premium features.