Why did Bitcoin crash 87%?
The crypto community was left reeling after Bitcoin experienced a staggering 87% crash. Could you elaborate on the potential reasons behind this significant decline? Was it due to a lack of investor confidence? Was there a significant shift in the market sentiment? Did regulatory pressures play a role? Were there any technical issues with the Bitcoin network? Or was it simply a case of overvaluation followed by a market correction? Understanding the underlying causes could help investors make more informed decisions in the future.