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Market Wrap Year In Review: Remembering Bitcoin’s FUD-Fueled Crash

As crypto markets moved through April and May, many buyers began to cash out as fear, uncertainty and doubt (”FUD”) overwhelmed traders. Concerns included U.S. capital gains taxes on digital assets, bitcoin’s environmental footprint and an outright ban on crypto mining in China.

작성자 Damanick Dantes

업데이트됨 2023년 5월 11일 오후 4:27 게시됨 2021년 12월 23일 오후 9:15 AI 번역

After a powerful rally to start the year, bitcoin suddenly found itself in a bear market. Blame the FUD. (Faberge Workshop/Art Institute of Chicago, modified by CoinDesk)