Stilling MilesJan 01, 2022 · 3 years ago1 answers What impact did the drop in Bitcoin price in 2024 have on the cryptocurrency market?
In 2024, when the price of Bitcoin experienced a significant drop, what were the consequences for the overall cryptocurrency market? How did this price drop affect the prices of other cryptocurrencies? Did it lead to a decrease in investor confidence and trading volume? Did it cause a shift in the market dominance of Bitcoin? What measures did cryptocurrency exchanges take to mitigate the impact of this drop in Bitcoin price on the market?