What was the starting date of the current bear market in the world of digital currencies?

3 answers

• kestatievJul 05, 2024 · a year ago
  The current bear market in the world of digital currencies started on January 10, 2018. This date marked the peak of the cryptocurrency market, after which prices started to decline rapidly. The bear market has had a significant impact on the market sentiment, with many investors experiencing losses and a decrease in overall market capitalization. However, it's important to note that the bear market is a natural part of the market cycle and can present opportunities for long-term investors to enter the market at lower prices.
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• Abdul KhadharApr 12, 2025 · 3 months ago
  The starting date of the current bear market in the world of digital currencies was January 10, 2018. This marked a turning point in the market, as prices began to decline and investor sentiment shifted towards a more cautious approach. Since then, the bear market has persisted, with occasional short-lived rallies. It's worth noting that the bear market has been influenced by various factors, including regulatory concerns, market manipulation, and a general cooling off of the initial hype surrounding cryptocurrencies.
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• Asad AsifJan 20, 2025 · 6 months ago
  According to historical data, the current bear market in the world of digital currencies began on January 10, 2018. This date is significant because it marked the end of the previous bull market and the start of a prolonged period of price declines. Since then, the market has experienced significant volatility and a downward trend in prices. It's important to approach the bear market with caution and consider the long-term potential of digital currencies, as they have shown resilience and the ability to recover from previous market downturns.
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