#MarketDownturn
What are the reasons for the cryptocurrency market crash?
The recent crash of the cryptocurrency market, which started with the major drop of Bitcoin and was followed by the major Altcoins, has been driven by multiple factors... Here are the main ones...
1- US recession fears and economic indicators
2- Retrenchment of the carry trade with the yen
3- Major sellers and market manipulation
4- Cascade of liquidations
5- Geopolitical tensions
6- Mt. Gox distributions
