Seeking Alpha
2022-02-23 00:07:16

Crypto: A Nightmare Scenario

The price of bitcoin has declined by about a third since November 2021.The prices of crypto assets are now performing much like the prices of traditional assets.So, if the stock market goes down in the near term, will the price of bitcoin go down as well?Could such a decline in crypto prices be the "nightmare scenario" of a crypto version of the 2008 financial crisis?Could crypto assets survive such a swing?

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.