Bear Market News
A bear market is where asset prices fall 20% or more from recent highs amid widespread pessimism and negative investor sentiment. Typically, bear markets are associated with declines in an overall market or index, but individual assets can be considered to be in a bear market if they experience a decline of 20% or more over a sustained period of time – typically two months or more. Cryptocurrency has seen many such instances since Bitcoin first burst onto the scene, most notably in 2012, 2013-15 and presently, where we are seeing the longest bear market in cryptocurrency history, which began at the start of 2018. These downtrends tend to have four phases – top sellers, mass sell offs, capitulation, and finally re-entry to the market.
The Crypto Winter is Very Much Still Here
2 months ago
Bitcoin Set For Third Consecutive Red Week
9 months ago
Magic Eden Reduces Workforce in Restructuring Move
10 months ago
Localbitcoins Shuts Down After More Than Ten Years
10 months ago
More Layoffs as Crypto Winter Continues
11 months ago
Coinbase Follows Kraken in Japan Withdrawal
11 months ago
Digital Currency Group’s Bad 2023 Gets Worse
11 months ago