Has been a terrible star, I think from January until today more than 60%
Planeta Azúl
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For newcomers who disqualify my assertion that this is a Crash and not a Correction in Cryptocurrencies and that it is just a simple drop, read what follows below:
Difference between Crash and Correction in Cryptocurrencies
Correction:
Definition: A correction is a temporary decrease in the price of an asset after a prolonged rise. Generally, it is considered a correction when the price of a cryptocurrency falls between 10% and 30% from its recent high.
Crash:
Definition: A crash is a sudden and significant drop in the price of a cryptocurrency, typically greater than 30%, which occurs in a short period of time and may be accompanied by panic in the market.
In summary, a correction is a moderate and temporary decrease in the price of a cryptocurrency, while a crash is a sudden and significant drop that can have lasting effects on the market.
Since January 31, the decline intensified, but we had been falling for a couple of weeks.
Giorgio
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