Cryptos Cascade: Unpacking The DeFi Domino Effect
The world of cryptocurrency, known for its volatility and potential for high rewards, is also susceptible to dramatic downturns often referred to as "crypto crashes" or "crypto winters." These periods of significant price declines can be unsettling for investors, but understanding their causes, impacts, and potential strategies for navigating them is crucial for anyone involved in the Digital asset space.
What is a Crypto Crash?
Defining a Crypto Crash
A crypto crash refers to a sudden and substantial drop in the price of cryptocurrencies across the market. This isn't just a minor dip; it's a rapid and significant devaluation that can erase a large percentage of market capitalization in a short period. Often, these crashes are characterized by:
A double-digit percentage decline in the val...