Cryptocurrency Q&A Why is crypto struggling?

Why is crypto struggling?

Maria Maria Fri Jan 17 2025 | 6 answers 1505
Recently, the cryptocurrency market has been struggling. Prices of major cryptocurrencies have been fluctuating wildly and mostly trending downwards. Investors are concerned and wondering what factors are causing this volatility and downturn in the market. Why is crypto struggling?

6 answers

benjamin_stokes_astronomer benjamin_stokes_astronomer Sun Jan 19 2025
Conversely, the prospect of fewer rate cuts in 2023 has caused concern among crypto investors.

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SakuraSmile SakuraSmile Sun Jan 19 2025
The Fed's decision was influenced by persistent inflation rates that remain above the targeted 2% level.

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Nicola Nicola Sun Jan 19 2025
Cryptocurrency investors are often sensitive to changes in interest rates.

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Martina Martina Sun Jan 19 2025
Historically, crypto prices have tended to increase when interest rates decline.

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Andrea Andrea Sun Jan 19 2025
Cryptocurrencies experienced widespread declines during the past week.

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