• News
    • Stocks
    • Banks and Finance
    • Companies
    • Crypto
    • Forex
  • Videos
  • Articles
    • Forex CRM
    • Crypto Payments
    • Trading
    • Crypto Exchange Business
    • Forex Business
    • Fintech
    • Liquidity
    • FinTech Awards
  • Liquidity Providers List
  • Crypto Payment Providers

Dark Theme

3 Reasons Behind the Crypto Crash That Dragged Bitcoin Below $50K

Dec, 06 2021

3 Reasons Behind the Crypto Crash That Dragged Bitcoin Below $50K

Why is the bitcoin market collapsing?

It is rare to find an exact explanation, but in this case multiple factors seem to be at play.

To gauge the magnitude of the losses (despite the fact that by early Saturday the price of the main bitcoin had risen slightly to above $48,000, from a low of $45,000), recall that BTC was worth $57,000 on Friday. From then until today, the price has fallen 14.2 percent.

Other cryptocurrencies, such as Ethereum, have also experienced a decline in value during the previous 24 hours. "The total cryptocurrency market capitalization fell from $2.6 trillion on Friday to $2.07 [trillion] on Saturday," Republicworld.com reports. “Last month, the global market value topped $3 trillion for a brief period."

Therefore, what is going on here?

THE FEDERAL RESERVE

Investors became concerned about speculative assets following the initial slump in plain vanilla equities, spurred in part by Federal Reserve taper talk. "Tapering by the US Federal Reserve might deflate the Bitcoin and cryptocurrency boom," noted famous investor Louis Navellier.

According to Navellier, the Fed's tapering "should result in a downturn in risk assets, of which Bitcoin is a component." He also worried that Bitcoin's price might go below $10,000.

THE COVID

Clearly, the Omicron variant outbreak and the uncertainty surrounding its severity and the efficacy of vaccines, which is unclear at the moment, have driven investors away.

HOLIDAYS

It is also the Christmas season. As the year draws to a close, many investors are trying to lock in profits and take money out of the market. Even at the current price, BTC is up 66% compared to last year (Bitcoin started the year at $29,400).

What are our choices at the moment? It's never simple to determine. Winter is certainly on its way. However, is it crypto winter?

If I had to guess, I'd say that Omicron's severity (or lack thereof) may be a significant deciding factor.

Subscribe Our Newsletter

2022 Was a Terrible Year for Tech Stocks. Here is Why.

Milena

2022 Was a Terrible Year for Tech Stocks. Here is Why.

Rising interest rates were only one of many issues that caused tech stocks to collapse in 2022. Let's see what happened.

Stocks
Whistleblowers Can Protect Crypto And DeFi
Whistleblowers Can Protect Crypto And DeFi

This regulatory movement is consistent with the United States' historical pattern of financial regulation — swinging between more and less regulation depending on whether the desire for greater freedom outweighs the fear of financial instability or vice versa.

Crypto
Constantine

Top 5 Most Distinguished White Label Solutions in 2022
Any partnership in business is always individual in nature and has its own prerequisites. Someone is trying to find new channels and ways of development, someone comes to integrate with a partner not from a good life.

discover
How Liquidity Provider Tokens Work

Liquidity Provider

How Liquidity Provider Tokens Work

Numerous DeFi protocols make use of LP tokens, which are used to swap money for ownership of a pool that represents the proportion of a crypto liquidity provider in the pool.

Fintech

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Alexander

    Full Bitcoin Price History: From 2009 to 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-11-300x203.png

    Constantine

    Top 5 Most Reliable KYC Technology Providers

    https://liquidity-provider.com/app/uploads/2023/01/cover-10-300x203.png

    Alexander

    The Best Crypto Wallets of 2022: Top 5 Picks

    https://liquidity-provider.com/app/uploads/2023/01/cover-2-300x203.png

    Alexander

    Top 5 Most Reliable Forex Brokers of 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-1-300x203.png

    Constantine

    5 Top-Tier Breakthrough Trading, Crypto and Fintech Industries Software Solutions in 2022

    https://liquidity-provider.com/app/uploads/2023/01/cover-300x203.png

    Constantine

    5 Most Successful FinTech Industry Startups in 2022

    https://liquidity-provider.com/app/uploads/2022/12/cover-300x203.png

    Constantine

    Top 7 Liquidity Providers of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-3-300x203.png

    Alexander

    Top 5 Crypto Exchanges of 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-1-300x203.png

    Constantine

    Top 5 Most Distinguished White Label Solutions in 2022

    https://liquidity-provider.com/app/uploads/2022/12/liquidity-provider-2-300x203.png

    Constantine

    What is Crypto Leverage Trading And How Does It Work?

    https://liquidity-provider.com/app/uploads/2022/12/oblozhka-5-300x203.png

    Constantine

    Top 5 Most Prospective Tokens in the Metaverse.

    https://liquidity-provider.com/app/uploads/2022/12/cover-7-300x203.png

    Constantine

    How to Mine Bitcoins? – Beginners Guide

    https://liquidity-provider.com/app/uploads/2022/11/cover-5-300x203.png

    Oliver

    Blockchain for Business. Pros & Cons

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-1-300x203.png

    Constantine

    The Future of Stablecoins and Central Bank Digital Currencies (CBDCs)

    https://liquidity-provider.com/app/uploads/2022/11/cover-3-300x203.png

    Alexander

    What is Web 3.0 and Why Does it Matter?

    https://liquidity-provider.com/app/uploads/2022/11/cover-1-300x203.png

    Constantine

    5 Benefits of Accepting Crypto Payments for Your Business

    https://liquidity-provider.com/app/uploads/2022/11/cover-300x203.png

    Constantine

    Hot Wallet vs Cold Wallet: Which Do I Need More for Crypto?

    https://liquidity-provider.com/app/uploads/2022/11/oblozhka-5-300x203.png

    Alexander

    What is Hedging and How Does it Work in Trading? — Ultimate Guide

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-4-300x203.png

    Oliver

    Pre-execution vs Post-execution: What’s the Difference?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-1-300x203.png

    Constantine

    What is Slippage in Trading? – Definition

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-1-300x203.png

    Oliver

    How Forex Brokers Make Money? – A-Book vs. B-Book Model

    https://liquidity-provider.com/app/uploads/2022/10/shapka-2-300x203.png

    Oliver

    What is the Ethereum Merge, And How Will it Change Ethereum?

    https://liquidity-provider.com/app/uploads/2022/10/shapka-1-300x203.png

    Alexander

    How to Spot Cryptocurrency Scams

    https://liquidity-provider.com/app/uploads/2022/10/shapka-300x203.png

    Milena

    Exploring the Metaverse: What Does It Mean for the Future of the Internet?

    https://liquidity-provider.com/app/uploads/2022/10/oblozhka-300x203.png
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
    • Articles
      • Forex CRM
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2023 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy