Is The Crypto Crash A Sign Of Trouble Or A Time To Buy The Dip?

Is The Crypto Crash A Sign Of Trouble Or A Time To Buy The Dip?

It's been a turbulent time for the markets, in general. The last few months, er, years, have been especially uncertain for investors at large. But, as much as the markets are moving up and down these days, cryptocurrencies have really been through the ringer. Bitcoin and other cryptocurrencies fell in value on Thursday following a digital asset sell-off that has already wiped almost $600 billion in market capitalization in a single week. Download Q. ai for iOS today for more great Q. ai content and access to over a dozen AI-powered investment strategies. Start with just $100. No fees or commissions. To kick off the week, Bitcoin plummeted in value on Monday, causing nearly 40 percent of holders to lose all the money they'd invested in it. The value of a single coin fell far below last year's post-crash low in July and, now, it's worth just half the value it was when it reached a market high last November. At the time of writing on Thursday, according to data from Coin Metrics, Bitcoin was down to $26, 848. 20. Other cryptocurrencies are following suit, many of which have seen double-digit losses in value, including Avalanche, ApeCoin, Cardano, Shiba Inu,