Crypto Crash: Market Under $1 Trillion, Bitcoin Under $19,000

Published by
The Street

By Luc Olinga The cryptocurrency market is again in the grip of a big liquidation movement like in June. The beginning of September is starting to look like June in the cryptocurrency market. Worried about the uncertainties surrounding the monetary policies of central banks to fight inflation at record levels in several decades, investors seem to be somewhat overwhelmed by panic. They liquidate risky assets in anticipation of a possible recession. Indeed, the aggressive rise in interest rates by the Federal Reserve (Fed) could cause a hard landing in the economy, or a recession, have already w…

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