📍 4. Miscellaneous Crashes 2023 – 2024 (Regulation and Doubts)
Causes:
Regulatory pressures from the US SEC on platforms like Binance and Coinbase.
Concerns about stablecoins (USDT, USDC) and their safety.
Money laundering and tax evasion issues against the founders of some platforms.
Outcome:
The market remained very volatile between $20,000 – $45,000.
However, strong projects like Ethereum emerged after the Merge and a gradual return of confidence began.