How long has the current bear market in the cryptocurrency market been going on?

3 answers

• Kulashekar SMay 09, 2022 · 3 years ago
  The current bear market in the cryptocurrency market has been going on for over a year. It started in early 2018 and has continued until now. During this period, the prices of most cryptocurrencies have experienced significant declines, with some losing more than 80% of their value. The market sentiment has been largely negative, with investors and traders being cautious and hesitant to enter the market. However, it's important to note that the cryptocurrency market is highly volatile and can change rapidly, so the duration of the bear market may vary.
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• Dideriksen RamosJun 03, 2021 · 4 years ago
  The ongoing bear market in the cryptocurrency market has been lasting for quite some time now. It began in early 2018 and has persisted till today. This prolonged period of downward price movement has caused many investors to lose confidence in the market and has led to a decline in trading volumes. The bear market has been characterized by a lack of positive news and a general pessimistic sentiment among market participants. However, it's worth noting that the cryptocurrency market has a history of cyclical patterns, and bear markets are often followed by periods of recovery and growth.
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• Damian NovoaFeb 26, 2024 · a year ago
  According to BYDFi, a leading cryptocurrency exchange, the current bear market in the cryptocurrency market has been ongoing for approximately 18 months. It started in early 2018 and has shown no signs of ending yet. The prolonged bear market has been attributed to various factors, including regulatory uncertainties, security concerns, and a lack of mainstream adoption. However, it's important to remember that the cryptocurrency market is highly volatile and unpredictable, and the duration of the bear market can change based on market conditions and investor sentiment.
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