#2024WithBinance ¿What is the reason for the fall of the crypto market?
The fall of the crypto market is due to a combination of factors. One of the main reasons is the market correction after a period of recovery ¹. Additionally, the inherent volatility of digital assets, exacerbated by economic uncertainty and changing investor expectations, creates a challenging environment ².
Another factor contributing to the decline is the liquidation of long positions against short ones in the crypto market, which intensifies the poor performance of digital assets ³. This has led to a decrease in the market capitalization of cryptocurrencies, which has fallen by 5% since September 14 ¹.
It is important to note that the crypto market is known for its volatility, and downturns are a natural part of the market cycle. However, it is essential to stay informed and conduct thorough research before making any investment decisions.