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Crypto market value drops two thirds in six months – BBC News


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A crash in one of the most stable cryptocurrencies has sent shockwaves through its community of users.

Terra Luna lost 99% of its value – spooking investors and sending crypto markets plummeting.

The entire crypto market is now worth an estimated $1.12 trillion – just a third of it’s value six months ago.

The BBC’s Yalda Hakim talks to crypto journalist David Gerard about the future of cryptocurrency.

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26 Comments

  1. This's a great time to invest, though the market appears to be going through a major correction. Whales move the market, regardless of whose holding. They have lots of cash on hand right now from all the sell-offs and waiting for a buying opportunity that will push the price up. Spent my 30s investing in several stocks. Lately discovered crypto and that's the best thing I did for myself.
    Invest smartly using DCA

  2. All markets are down.inflation announcements from fed and Bank of England,this is a shake out for weak hands,cbdcs will be used by every country in world,running on iso20022 cryptos.XRP &ALGORAND,it’s coming people watch!

  3. The gentleman lacks a bit of knowledge or research. Terra UST was a Algorithmic Stablecoin… it collapsed via Soros style which was brilliant for anyone betting against it.

    Bitcoin and other crypto are pushing forward the use of Blockchain and one of the inidustry of application is finance. Here they are essentially decentralizing the banking and financial industry. This bubble is the peak of adoption and it will soon accelerate. Look at the electric cars (Tesla), internet, 3d printers, etc.

    Whenever I hear someone speak about negative consequences and why it is a failure, I hear fear that the individual will not accept the fact that his livelihood is being threatened.

  4. Stocks go down some down over 90%, crypto goes down, half the people invested don't understand it when you do it makes sense. There will be coins that fail and don't make it not all investments are 100% – remember alot of companys go bust and only few make it, it's exacly the same with crypto's anyone afraid of crypto does not understand it or willing to learn it. Crypto is fully transparent it's all on the blockchain and will remain on it forever for people to see. Moral of the story only invest in projects you have researched about and with any investment only put in what your willing to lose it's that simple.

  5. Best crap hahaha 🤣 😆 😂 👌 😅 😄 🤣 😆 😂 👌 😅 😄 🤣

  6. Several crypto experts have recently compared bitcoin and other cryptocurrencies to digital gold, and as gold is always growing, this could indicate we are always on a bullish road, even though clear evidence point to a robust rebound even to higher highs. In a bear market, as my personal trading adviser and signal provider Eric Birger always says, sitting on your cash in a bear market isn't the best strategy, because traders are taking advantage of the instability.

  7. CARTEL cocaïne EL SALVADOR BITCOIN LOSES 200 MILLION …IN CARTEL MONEY

  8. Even with the fluctuation on the economy in the crypto market, I'm so excited I've been earning $45,000 from my $10000 investment every 10 days from a new trading platform

  9. Crypto markets are not falling, one bit coin is still worth one bitcoin. Now, whats going on, on the world stage is china, Russia and the united states economies are crumbling. They can blame whatever the reason, but, the real reason is a debt based system that imploded. Now, what can we expect, we can expect for china, Russia and the united states markets to crash, and then their monies will have to be readjusted and revalued. Then after the revaluation of the USD then everybody is running back into crypto to buy on the cheap. Which means just hold your crypto and relax, the price on crypto going to "Rise again" it may take a couple months, but, there is no reason to panic. They want you to panic so you sell your coins like a dumb a$$! So you can sell your coins if you want, I'm not your daddy or your investment advisor, but, i am gonna keep holding my coins, PERIOD!

  10. <It is amazing what you do, the amount of time and effort you donate is astounding, thank you thank you… You give me confidence.. so glad I found your channel. This is a perfect time to partake in trading as it is volatile. I've made over 19.2 BTC when I started at 2.5 BTC in just a few weeks with Jenna Twartz Analysis her strategy is so satisfying

  11. There are platform where you can invest and they trade your money. Then pay you profit either weekly or monthly. That's investing.

  12. With the markets having less order executions; situations like this are best hedged with sustainable positions in crypto especially bitcoin, prices strongly deviated against its long term mean average. The further it deviates the more momentum for a reversal to the upside. whales are heading for a liquidity grab. I've had series of trading losses I'd best not mention before being introduced to Mr. Callum Lucas. His careful guide and employing his Signal for my trades orders has been a great experience. Callum's signal algorithm are based on combinations of unique strategies.

  13. The <Bitcoin price has completed several pumps and dumps movements over the past week that may confirm a new bullish expansion phase which is about to begin . Eyes are still on what happens above the current local highs, not below, even as BTC price action is up 6% in a week. We cannot predict bottoms, but it was obvious things were getting ready to go down. Why are people JUST NOW realizing the market is bearish? Extremely bearish. Point is, be patient, and just trade to build capital for when we do bottom. Don’t let these institutions destroy you. And my advice, don’t spread yourself thin with too many coins. Market moves as a whole right now, red days mean red days for almost everything, Green Days will be the same. Paper gains and losses are normal throughout the investing cycle. Continue to invest and trade, don’t panic.’. Still love the trading techniques and advice . Digital currencies continue to reshape the world globally. It's hard for anyone who is against it right now. But from a trader's point of view, I think we really need more experts in this field to give newbies a sense of how the community works. I was able to easily increase my portfolio in just trading with Mr Alex Gomez daily signals growing 1.5 BTC to 4 BTC. His daily signals are very accurate and yields a great positive return on investment and is available to give assistance to anyone who love crypto trading, you can contact him for inquires and profitable tradingsystems on
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