How long will the bear market last? Signs to watch for a crypto market reversal By Cointelegraph
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The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global market capitalization of crypto dropped below the $2 trillion mark in January 2022. Since then, the price of (BTC) has decreased by over 70% from its all-time high of $69,044.77, reached on Nov. 10, 2021. Similarly, the values of other major cryptocurrencies such as Ether (ETH), (SOL), (AVAX) and (DOGE) have decreased by around 90%.
So, does history tell us anything about when the bear market will end? Let’s start by examining the causes of the 2022 bear market.
Continue Reading on Coin Telegraph
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The current crypto bear market has induced panic, fear and uncertainty in investors. The dire situation started when the global market capitalization of crypto dropped below the $2 trillion mark in January 2022. Since then, the price of (BTC) has decreased by over 70% from its all-time high of $69,044.77, reached on Nov. 10, 2021. Similarly, the values of other major cryptocurrencies such as Ether (ETH), (SOL), (AVAX) and (DOGE) have decreased by around 90%.
So, does history tell us anything about when the bear market will end? Let’s start by examining the causes of the 2022 bear market.
Continue Reading on Coin Telegraph