Crypto Crash: Here’s Why Bitcoin and Altcoins Are Going Down
A crypto crash affecting Bitcoin and altcoins is underway. Bitcoin price plunged to $100,000, erasing some of the recent gains it made it when it surged to a record high in May. Other altcoins like Livepeer, Zebec Network, and Kekius Maximus plunged by double digits.
Why the Crypto Crash is Happening
There are three main reasons why Bitcoin and altcoins are going down. First, they are reacting to the ongoing fallout between President Donald Trump and Elon Musk, the richest person on earth.
Musk, who spent a fortune to get Trump elected, has been criftical of some of Trump’s policies. He criticized his trade war, and is now urging Congress to vote no on Trump’s…
