#MarketDownturn A downturn in the cryptocurrency market signifies a prolonged phase of price decline for a significant portion of crypto assets. This is not just a minor decrease, but a more pronounced and sustained drop that can last for weeks, months, or even longer. A widely accepted criterion for a significant downturn is a price decrease of 20% or more compared to recent highs. In the traditional financial world, this is often referred to as a bear market, and this term is increasingly being applied to the world of cryptocurrencies as well.
Several interconnected factors may trigger $BNB