The cryptocurrency market can experience downturns for various reasons. Here are some common causes:
Market Sentiment: Cryptocurrencies, like any other asset class, are influenced by investor sentiment and market psychology. Negative news or events such as regulatory crackdowns, security breaches, or scams can lead to a decline in confidence among investors.
Best Strategies for navigating through a down-market:
Diversification - Spreading investments across different cryptocurrencies reduces risk exposure.
