"Why Did the Crypto Market Crash?
A few major reasons for the recent crypto market crash:
1. Regulatory Measures: Strict regulations from the US and other countries.
2. Federal Reserve Interest Rate Hike: Investors are avoiding risk.
3. FUD (Fear, Uncertainty, Doubt) on Major Exchanges: News on platforms like Binance or Coinbase.
4. Large Selling by Whales: Increased pressure in the market.
5. Decrease in Trust in Crypto: Continuous news of fraud and schemes.
All these factors combined led to fear and panic in the market.
What do you think? Is this a buying opportunity or will there be further decline?
Comment and share your opinion!