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Fear Prevails in Crypto Market as Bitcoin Tumbles
Bitcoin Key Takeaways The crypto market has lost over $1.7 trillion of value in the last seven months. Terra’s recent death spiral has had an impact on market sentiment. Another downswing is possible before the market bottoms out. After Terra’s implosion, the cryptocurrency industry has reached a critical point in its history. Market participants remain sidelined while uncertainty reigns. Bitcoin Crypto Investors in “Extreme Fear” Fear, uncertainty, and doubt have taken over in the cryptocurrency market. Over the past seven months, the cryptocurrency market has lost more than $1.7 trillion in value. Though Bitcoin is now trading 56.5% short of […]