Crypto Value Rises 176%, Report Shows the Market Could Crash in 2022
- The total value of crypto has skyrocketed 176% in 2021.
- The cryptos 176% surge equate to $2.14 trillion value.
- Report says that the crypto market could crash in 2022 despite its huge gains this year.
The overall crypto value has soared up to 176%, equated to $2.14 trillion gain in 2021 alone. A report shows that regardless of how cryptos smashed these huge gains this year, there is a high possibility for the market to crash in 2022.
The post suggests that the downturn can trigger the crypto market down that will lead to a serious pullback in the coming year. Moreover, the report stated that 2022 may not unfold its full potential to treat cryptos on a silver platter as people think. Additionally, the announcement unveiled five common reasons that could be the threat to lead the crypto market crash movement.
It asserted that “history suggests reversions are commonplace, blockchain euphoria outpaces its use case, inability to decouple from the stock market, margin d ...
Read more: https://coinquora.com/crypto-value-rises-176-report-shows-the-market-could-crash-in-2022/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
