Cryptocurrency Q&A Why is crypto down again?

Why is crypto down again?

GangnamGlitzGlamourGlory GangnamGlitzGlamourGlory Mon Feb 03 2025 | 7 answers 1397
I've been investing in cryptocurrency for a while, but recently I've noticed that the market has been quite volatile. I'm really frustrated to see the prices dropping again. I want to understand why the crypto market is experiencing another downturn. Why is crypto down again?

7 answers

Valentina Valentina Wed Feb 05 2025
The crypto market is currently witnessing a notable downturn.

Was this helpful?

201
28
CoinPrince CoinPrince Wed Feb 05 2025
He indicated that there will be fewer rate cuts in the year 2021.

Was this helpful?

123
68
CryptoKnight CryptoKnight Wed Feb 05 2025
This decline can be largely attributed to the Federal Reserve's recent monetary policy announcement.

Was this helpful?

68
72
CryptoChieftainGuard CryptoChieftainGuard Wed Feb 05 2025
The Fed's decision, though involving a 0.25% rate cut, has not been received positively by the market.

Was this helpful?

336
37
Claudio Claudio Wed Feb 05 2025
Chairman Powell's comments during the announcement adopted a hawkish tone.

Was this helpful?

367
96
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts