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Should You Be Worried that Crypto Is Crashing?

Cryptocurrencies have taken a beating in recent weeks, with several of the most well-known names in the industry falling. Bitcoin’s (BTC) price has decreased about 50% since April, Ethereum’s (ETH) worth has been down by around 53% since May, and Dogecoin’s (DOGE) price has dropped nearly 60% in the last six weeks.

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Cryptocurrencies enjoyed huge gains last week as the total market cap rose above $1.6 trillion for the first time in two months. It was reported that Bitcoin gained over $100 billion in market value and peaked at $750 billion as its price broke the $42,000 level for the first time since May.

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