Crypto Crash: Why is Cryptocurrency Going Down?

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If you haven’t asked yourself this question, you have never been involved in the world of cryptocurrencies.
Literally, every esteemed hodler (from newbies to the experienced users) sometimes wonders “Why is cryptocurrency crashing again?”. First of all, the fact that your coin of choice drastically drops in price is fairly disappointing. You lose some per cent of your funds, after all. Secondly, the market mechanisms of crypto often remain unexplainable. This is why we would like to step in. ChangeNOW is here to try and ask the most speculated question of crypto possession.

We would like to start our talk with volatility. Everybody refers to it when trying to explain yet another crash of the market. In some cases, they are right.
Cryptocurrency is a high-risk investment. Volatility is a financial term in statistics to define something that has a tendency of price to change rapidly. Crypto market is, possibly, one of the most volatile. Remember the whole Bitcoin deal? November market crash? That’s the case.
The article we are presenting today was written right after the market crashed after the Bitcoin Cash hard fork in 2018. We hope you find it useful in trying to figure out how the cryptocurrency market works. Read the full article on our blog here:

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ChangeNOW is an instant cryptocurrency exchange service for limitless crypto conversions. We support over 200 coins and are account-free! https://changenow.io/

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