Over the weekend, the crypto market lost $200 billion.
below $24,000 late Monday, the lowest level since December 2020.
is falling due to some macro factors.
First, due to
rampant inflation in the Market
Second, the US Federal Reserve is expected
to raise interest rates
this week to control
Since mid-May, the cryptocurrency
market has also
Due to market conditions, the cryptocurrency lending company Celsius has halted all withdrawals.
very risky investment for most retirement savers"
- Treasury Secretary Janet Yellen