Not A Crypto Investor? Enjoy These 20 Funny Pics About Crypto Crashing
"I hasten to laugh at everything, lest I be forced to grieve," a philosopher once said, and these words are as applicable as they can be for crypto investors today.
Major crypto currencies have plummeted to their lowest levels since December 2020 in the last few days, and the trend so far resembles a collapse.
And, while Bitcoin, Ethereum, and other major cryptocurrencies have gradually lowered their exchange rates in recent months, as is typical of any market, a real panic broke out on crypto exchanges in June. What better approach to deal with anxiety than by using humor
Memes are the modern world's natural reaction to any phenomenon.This crypto crash was no different, therefore we compiled a list of the funniest, wittiest, and ironic memes regarding cryptocurrencies, investors, and the fear that has accompanied the current crisis.
Feel free to read all the way to the conclusion, leave your comments, and don't forget to buy a few coins while the currencies are low, because there is always a rally after a collapse!
The Bitcoin rate peaked at $69K in December 2021, but a slow decrease began over the following months, and by February, the rate had nearly half. After that, Bitcoin's value increased, and in May, it bounced smoothly from $40K to $50K and back.
The tipping point came in June, when Bitcoin, which had been hovering around $30K, fell, causing Ethereum and other cryptocurrencies to plummet as well. Surprisingly, for the first time since spring 2021, the total value of the crypto market has fallen below a trillion dollars.
External forces, particularly growing prices, are the primary cause of this issue, according to experts. In the Financial Express, Edul Patel, CEO of crypto investing platform Mudrex, states, "The crypto market has been under pressure from the Federal Reserve boosting interest rates over the last months to battle inflation."
"Investors became worried, and the volume of currency withdrawals has risen considerably in recent days. The rate's decreasing trend is most likely to continue in the coming days "Patel continues.
External forces, particularly growing prices, are the primary cause of this issue, according to experts.
In the Financial Express, Edul Patel, CEO of crypto investing platform Mudrex, states, "The crypto market has been under pressure from the Federal Reserve boosting interest rates over the last months to battle inflation."
Experts believe that external causes, particularly rising costs, are the root of the problem."The crypto market has been under pressure from the Federal Reserve hiking interest rates over the previous months to combat inflation," says Edul Patel, CEO of crypto investing platform Mudrex, in the Financial Express.
Major crypto currencies have plummeted to their lowest levels since December 2020 in the last few days, and the trend so far resembles a collapse.
And, while Bitcoin, Ethereum, and other major cryptocurrencies have gradually lowered their exchange rates in recent months, as is typical of any market, a real panic broke out on crypto exchanges in June. What better approach to deal with anxiety than by using humor
Memes are the modern world's natural reaction to any phenomenon.This crypto crash was no different, therefore we compiled a list of the funniest, wittiest, and ironic memes regarding cryptocurrencies, investors, and the fear that has accompanied the current crisis.
Feel free to read all the way to the conclusion, leave your comments, and don't forget to buy a few coins while the currencies are low, because there is always a rally after a collapse!
The Bitcoin rate peaked at $69K in December 2021, but a slow decrease began over the following months, and by February, the rate had nearly half. After that, Bitcoin's value increased, and in May, it bounced smoothly from $40K to $50K and back.
The tipping point came in June, when Bitcoin, which had been hovering around $30K, fell, causing Ethereum and other cryptocurrencies to plummet as well. Surprisingly, for the first time since spring 2021, the total value of the crypto market has fallen below a trillion dollars.
External forces, particularly growing prices, are the primary cause of this issue, according to experts. In the Financial Express, Edul Patel, CEO of crypto investing platform Mudrex, states, "The crypto market has been under pressure from the Federal Reserve boosting interest rates over the last months to battle inflation."
"Investors became worried, and the volume of currency withdrawals has risen considerably in recent days. The rate's decreasing trend is most likely to continue in the coming days "Patel continues.
External forces, particularly growing prices, are the primary cause of this issue, according to experts.
In the Financial Express, Edul Patel, CEO of crypto investing platform Mudrex, states, "The crypto market has been under pressure from the Federal Reserve boosting interest rates over the last months to battle inflation."
Experts believe that external causes, particularly rising costs, are the root of the problem."The crypto market has been under pressure from the Federal Reserve hiking interest rates over the previous months to combat inflation," says Edul Patel, CEO of crypto investing platform Mudrex, in the Financial Express.
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