Whats causing the crypto crash

whats causing the crypto crash

How can government regulate bitcoin

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What You Need To Know About This Bitcoin Crash
The cryptocurrency market is starting to bounce back a year after the collapse of crypto exchange FTX and other big players in crushed. Bitcoin is trading on a downward trajectory and via this detailed read, we decode why Bitcoin is crashing today and what it means for Bitcoin. Bitcoin cratered almost 10% below $41, early Wednesday around the time of Matrixport's report about potential spot BTC ETF rejections.
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  • whats causing the crypto crash
    account_circle Shatilar
    calendar_month 08.07.2023
    I join. All above told the truth. Let's discuss this question.
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What is the next crypto coin to explode

Bitcoin is often seen as a good hedge against inflation. The country has also levied a 30 per cent tax on crypto investors and a 1 per cent TDS on every crypto intra-traders. Bitcoin's BTC swift Wednesday decline reminded investors of the asset's downside volatility, with observers quickly pointing to a research report predicting rejections for highly-anticipated spot BTC exchange-traded funds in the U. Digital asset research firm CryptoQuant also attributed the decline to exceptionally high funding rates on the bitcoin futures market, adding selling pressure from bitcoin miners and high profit rates of short-term holders as contributing factors. We do not promote or encourage any other products such as contract for difference, spread betting, cryptocurrencies or forex.