- 2022 has been a bad year for crypto. And the last few days have been disastrous.
- There are a bunch of reasons for this – some general sentiment-related, some crypto regulations-related, and some specific cryptos-related.
- Let’s go into detail.
1. The world is in a gloomy mood
Dozens of mainland Chinese cities, including Shanghai, are in covid-related lockdowns, and this is negatively affecting companies around the world. The Russia-Ukraine war is also costing the world billions.
2. Governments around the world are getting stricter toward crypto
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