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Why It’s Happening and the Potential Silver Lining

Why It’s Happening and the Potential Silver Lining

The crypto crash continued on Monday morning, continuing a trend that has been going on since the weekend. Bitcoin price dropped to $65,000, while the market capitalization of all coins dropped by over 1% to $2.28 trillion.

Crypto Crash is Continuing

Most cryptocurrencies were in the red today, with Humanity Protocol, Pippin, Worldcoin, OKB, and Cosmos falling by over 5%. On the other hand, the top gainers were tokens like DeXe, Chiliz, Bittensor, and LayerZero.

The ongoing crypto crash mirrored the performance in the stock market. Data show that the Dow Jones, S&P 500, and Nasdaq 100 Index futures dropped by over 2.2%, their worst performance in months. 

Similarly, futures linked…

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