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Why bitcoin crashed?

Answers (1)

Arsalan Afzal
Feb 02, 2022 12:49:38

The price of Bitcoin crashed recently because a lot of people were selling their Bitcoin in order to get cash. When the demand for Bitcoin goes down, the price goes down. Some people are blaming the Chinese government for the crash because they apparently started selling their Bitcoin too. But it's not entirely clear what's really going on. It's possible that the bubble has finally popped and we're seeing the beginning of the end for Bitcoin. Or it's possible that this is just a temporary blip and the price will go back up soon. Only time will tell!

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