The crypto storm has worsened for us all this late spring and the crypto market is selling off yet again! In the last 24 Hours, Bitcoin has fallen by around six percentage points which has signaled altcoins into a frenzy. Dogecoin fell by a massive 14% in the last 24-hours while Hive has also seen a dive around 13.3%.
This shocking dip comes after a major dip where Bitcoin lost around $10,000 worth of its value in less than a week! The crypto market is getting VERY bearish as international news isn't improving and the economy is not picking up either. Failed leadership in the White House, uncertainty in Europe, the war in Ukraine and so much more have all served as a catalyst to this economically dire situation.
We are headed for tough times; cryptocurrencies possibly won't be a strong bet for a while. Who knows though, crypto is always so unpredictable.