Another crypto crash may be coming as central banks are still going to raise interest rates in the fight against inflation. This was echoed by Bitmex co-founder and former CEO Arthur Hayes who said altcoins will likely plunge more than 50% in the next few weeks.
The majority of crypto assets have already lost more than 50% of their value since the start of the year and the whole market has lost around $2 trillion since its peak in November 2021.
The coming crypto crash should not stop investors from buying the dip and dollar cost average on their crypto investments. Some assets that have previously endured the bear market have what it takes to survive this downturn. BNB Coin (BNB) and Ethereum Classic (ETC) are good examples while FIREPIN (FRPN), still in the presale stage, could be …
Source : cryptodaily.co.uk
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