{"id":74947,"date":"2023-08-23T20:03:52","date_gmt":"2023-08-23T20:03:52","guid":{"rendered":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-crypto-markets-decline-this-week\/"},"modified":"2023-08-23T20:03:52","modified_gmt":"2023-08-23T20:03:52","slug":"what-is-the-reason-behind-the-crypto-markets-decline-this-week","status":"publish","type":"post","link":"http:\/\/kryptodata.se\/what-is-the-reason-behind-the-crypto-markets-decline-this-week\/","title":{"rendered":"What is the reason behind the crypto market’s decline this week?"},"content":{"rendered":"
– The cryptocurrency market has experienced a significant downturn, with the total market capitalization falling by 10% between Aug. 14 and Aug. 23.<\/p>\n
– Rising interest rates, inflation, and global financial turmoil have contributed to the market’s underperformance.<\/p>\n
– The delay in approving a Bitcoin ETF and regulatory pressures have also had a negative impact on the market.<\/p>\n
– Financial difficulties within the Digital Currency Group and regulatory scrutiny of Binance and Coinbase have added to the market’s woes.<\/p>\n
– Despite a potential global economic slowdown, investors are flocking to the perceived safety of the U.S. dollar.<\/p>\n
– The ebb and flow of economic factors and regulatory developments will continue to shape the cryptocurrency market’s trajectory in the coming months.<\/p>\n","protected":false},"excerpt":{"rendered":"
<\/p>\n
Rising interest rates, delayed Bitcoin ETFs, global financial turmoil and other regulatory pressures are contributing to the crypto market\u2019s underperformance.<\/p>\n","protected":false},"author":1,"featured_media":74948,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"_oct_exclude_from_cache":false,"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","footnotes":""},"categories":[15],"tags":[78,47,79],"class_list":["post-74947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-binance","tag-bitcoin","tag-coinbase"],"yoast_head":"\n