#TradingPsychology
Digital currencies are declining due to several factors, including:
- Increase in the interest rate in the U.S.
- Economic and geopolitical uncertainty
- Lack of regulation and trust
- Low adoption and utility
- Speculation and market sentiment
The situation is volatile and can change rapidly. Regulation and institutional adoption may influence its stability. Price fluctuation of cryptocurrencies is common and can be influenced by a variety of factors. The current situation is complex and may vary in the future. Volatility is characteristic of the cryptocurrency market.