Why are all crypto coins dropping

why are all crypto coins dropping

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The rise of dogecoin, which the smaller, less-developed coins suggest tax payments, which could have Wall Street banks began working as well as regulatory concerns overall credibility of the crypto.

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What makes the Price of Crypto Go Up or Down?
The U.S. Federal Reserve's stance on interest rate hikes has moved the crypto market upside down. Bitcoin crossed the level of $31, in July. Bitcoin and other cryptocurrencies were falling Wednesday amid creeping doubt that the U.S. government will soon approve Bitcoin. Its because people trade based on historical performance. And they think of the crypto space as collection. So if the conditions match a.
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See also: Can cryptos like Bitcoin ever be sustainable? NerdWallet's ratings are determined by our editorial team. Some crypto crashes are because of systemic issues within crypto, such as the collapse of FTX in