Why is Crypto inactive? The February 18th Market Crash Explained

Dov Herman

As political tension between Ukraine and Russia reaches boiling point, cryptocurrencies are taking a hit. The drop in cryptocurrency prices parallels a decline in the stock market, sparked by Biden’s recent comment that Russia would invade Ukraine in the coming days.

Why did encryption go down? Its consequences

Bitcoin price dropped by almost a tenth today. At the time of writing, it was trading around $40,000. Solana, Ethereum and Cardano are also seeing losses. The overall market lost nearly $200 billion last week. Now that the cryptocurrency has dropped, should you buy the drop? This guide helps with useful information and tells you the best places to buy some of the top cryptocurrencies by market cap.

Top places to buy Bitcoin now

eToro

eToro supports cryptocurrency trading in over 180 countries worldwide in addition to 48 US states. The platform offers some of the lowest exchange rates and commissions in the industry. Buy BTC with eToro Now Disclaimer

pacific union

Since being founded in 2015, Pacific Union has grown into a world-leading online broker. We offer 200+ products, delivering an innovative trading facility for assets such as forex, indices, commodities, equities and crypto. As a service-focused online trading broker, we provide multilingual services to 120 countries and regions. Buy BTC with Pacific Union Now Disclaimer

Top places to buy Ethereum now

eToro

eToro supports cryptocurrency trading in over 180 countries worldwide in addition to 48 US states. The platform offers some of the lowest exchange rates and commissions in the industry. Buy ETH with eToro Now Disclaimer

pacific union

Since being founded in 2015, Pacific Union has grown into a world-leading online broker. We offer 200+ products, delivering an innovative trading facility for assets such as forex, indices, commodities, equities and crypto. As a service-focused online trading broker, we provide multilingual services to 120 countries and regions. Buy ETH with Pacific Union Now Disclaimer

Top places to buy Solana now

eToro

eToro supports cryptocurrency trading in over 180 countries worldwide in addition to 48 US states. The platform offers some of the lowest exchange rates and commissions in the industry. Buy SOL with eToro now Disclaimer

Plus500

Plus500 is a leading Contracts for Difference (CFDs) provider, delivering Leveraged trading on 2000+ financial instruments including Forex, Commodities, Indices, Stocks, Options and Cryptocurrencies. Buy SOL with Plus500 now Disclaimer

Top places to buy Cardano now

eToro

eToro supports cryptocurrency trading in over 180 countries worldwide in addition to 48 US states. The platform offers some of the lowest exchange rates and commissions in the industry. Buy ADA with eToro Now Disclaimer

Plus500

Plus500 is a leading Contracts for Difference (CFDs) provider, delivering Leveraged trading on 2000+ financial instruments including Forex, Commodities, Indices, Stocks, Options and Cryptocurrencies. Buy ADA with Plus500 now Disclaimer

Now that I know why cryptocurrency is down, should I buy it?

Considering how difficult it is to get an accurate cryptocurrency forecast, you should never make any decisions that affect your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Crypto on social media

The post Why is Crypto inactive? The February 18 market crash explained appeared first on Bitcoin Guide.

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