Crypto Crash: Why It’s Been the Worst Week for Coinbase, BTC, & the entire Industry

11 months ago
8

Crypto markets have had a brutal week in 2024! Coinbase stock plummets 20%, Bitcoin miners collapse, and the entire industry faces a major selloff. In this video, we break down everything that happened—from weak economic data, crashing altcoins, to what’s next with the Federal Reserve and how politics could impact crypto’s future. Is this the bottom, or is there more pain ahead? Watch to find out, and don’t forget to like, subscribe, and hit the bell for the latest updates on the crypto world!

00:00 Intro
00:20 Coinbase’s Worst Week of 2024
00:54 Bitcoin Mining in Trouble
01:21 Wider Crypto Industry Hit Hard
01:58 September, a Historically Tough Month for Crypto
02:32 Bitcoin and Altcoins in Freefall
03:04 Weak Economic Data Spooks Investors
03:18 Crypto Market Cap Tanks
03:42 A Glimmer of Hope? Increased Trading
03:48 What’s Next? All Eyes on the Fed
04:43 Inflation Data Coming Soon
05:55 The Trump Factor
07:00 Conclusion

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🔴Full Disclaimer: This video and its contents are for informational purposes only and do not constitute an offer to sell or trade, a solicitation to buy, or recommendation for any security, cryptocurrency, or related product, nor does it constitute an offer to provide investment advice or other related services by Crypto Wolf. Crypto Wolf may have a financial investment with the cryptocurrencies discussed in this video. In preparing this video, no individual financial or investment needs of the viewer have been taken into account nor is any financial or investment advice being offered. Any views expressed in this video were prepared based upon the information available at the time such views were written. Changed or additional information could cause such views to change.

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