The equity markets of the financial spectrum came crashing down on 12th March, Bitcoin and other cryptocurrencies reciprocated the movement as prices collapsed.
The cryptocurrency market experienced a significant drop with $90+ billion getting washed off the market. The week has been filled with heavy selloffs and we have something to blame. With coronavirus pandemic causing chaos all over the globe, the fear of potential economic instability has resulted in panic selling amongst investors. Nevertheless, a market that’s oversold always faces a trial.
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https://www.tronweekly.com/3-reasons-why-the-current-crypto-bear-market-will-not-last/