$BTC

What are the reasons for the collapse of cryptocurrencies?

- The disaster in the cryptocurrency market has worsened due to the convergence of several acute factors: the proliferation of ultra-high-risk leveraged positions reaching up to 100 times, the decoupling of some stablecoins from their reference values amidst sharp price fluctuations, which trapped traders between unexecuted orders and the disruption of some platform functions. Many digital platforms that list numerous poorly performing altcoins that are easy to manipulate have been pointed at.