The most aggressive fall of the BTC in the current year.

in LeoFinance2 years ago

Greetings to all readers of this great platform, especially to those who make life in the great community of #LeoFinance, in the present opportunity I want to share information regarding the catastrophe that the crypto market is experiencing, with respect to the fall of BTC in the current year, especially in recent days due to various factors that have generated many problems to the Blockchain as is the case of TerraUSD.


Screenshot taken at: PixaBay

The crypto world is in a moment where many adverse things are happening, and with it the fall in the price of all crypto market currencies, these problems range from the pandemic, where countries had to take out many of their investment funds to solve the situation, to the war that occurs between Russia and Ukraine that affects the entire world economy by the number of countries that are involved in this war.

On the other hand, something unexpected happened in the cryptographic world and this is based on the destruction of the Terra LUNA project, which was considered as an extremely strong project and had a great economic power, and overnight the project ends up practically destroyed, and being almost impossible to recover it, with this situation there is a large outflow of resources from the Blockchain world.



Under this series of events that are happening in the world and in the Blockchain, the price of BTC fell in an impressive way, being a really worrying situation for some, and profitable for other people, who see it as the ideal investment opportunity, the reality is that the overall market has had the most impressive fall of the year, for having occurred in a very short period of time.

This situation that occurred with the LUNA project, is favoring the BTC a little, as many people decided to take their investment from other projects and invest in Bitcoin, which can be seen in the dominance of BTC in the market, which is increasing significantly since 3 days ago, so it is a very favorable situation for the BTC market and the market in general, being the currency that governs the market.





All the images used by the Author @Chucho27 are Public Domain, in each one of them you can find the source of the image.

The image used in the banner at the bottom is by the author @chucho27, made using the Canva application.

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I hope the rise is just as aggressive😳