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[Potuse]

Bearish trends in the crypto market have recently caused lots of havoc. There are so many investors that have recorded huge losses, general lack of confidence, negative mood, and concerns about future regulations are the main cause of the downtrend. In short, a number of reasons have contributed to the current market downturn.

The crypto analysts are not sure of what is causing the bearish tendencies in the cryptocurrency market, but it is thought that a number of reasons.

What are the reasons for the downturn in the cryptocurrency market?

 

[magnus2022]

Cryptocurrency bearish condition is caused by inflation and increase rise of crude oil price. Investors are putting their money in oil related investment. As the war in Europe continues, crypto will continue to depreciate. The world have a serious challenges at hand, therefore cryptocurrency have to wait for now.

 

[Jidemania]

I truly believe that the general lack of confidence, negative mood and fear are among most of the things that cause or lead to downtrend in the crypto market. People are always eager to their coin whenever it seems to be going down too much.

 

[Wisdom01]

The bear market has finally arrived, which is why the economy of the entire world is in disarray. Unreasonable stimulus payments made to those in need during the pandemic greatly increased the flow of money, which finally caused the inflation we are currently experiencing. People's purchasing power is reduced by inflation, which lowers demand for a variety of goods and causes a bear market.

Yeah people purchasing power been infulenced is a very big problem ,so many wants to make purchases ,but the capital purchasing power is really low and I guess this have been the problem , I wish there could probably be some ways to reduce the inflation