News View Non-AMP

Crypto Market Crash : Is This The Pullback Before A 125% Catapulted Flight ?

Published by
Sohrab Khawas

The coin market has been sailing the rough storms, which have made a devastating impact on the crypto town and its residents. The torrential market crash has thrashed the valuation of the business and the digital assets listed in the crypto directory. The space has incurred over a trillion dollars in losses in the prolonged market cycle. 

The coin market’s market cap is now at about $1.62 Trillion, which is an 11.43% decrease over the previous day. And is down by over $1.38 Trillion since the peaks at $3 Trillion.

Successively, the majority of the digital assets have faced the wrath of the cycle. Wherefore, novices have been immensely affected owing to their investment blunders. And critics have been backlashing the business. 

Is This Crypto Industry’s Biggest Set Back?

  Novices, critics, and non-crypto investors have been making irrational comments and lame jokes on the current market trends. Which is not new to the business, and has now become a routine affair. The emotions of novices in the business goes from being ecstatic in bull runs to downcast in bear runs in no time. 

Successively, from investing more than they can afford to losing out on their lifetime savings, newbies have been learning it the hard way. In most of the cases the amateurs have been blaming the industry for their trading blunders, such as putting funds in quick rich schemes. 

On the other hand, critics have been the biggest hurdle for the industry. While healthy comments are a welcoming sign, sections have been backlashing the industry with irrational comments and lame jokes. In addition, comparisons with traditional exchanges is like comparing apples with oranges. 

Consecutively, the opinions of critics in most of the cases have been misleading novices. However, the business has been welcoming numerous critics turned investors who have made fortunes from the industry in bull runs. Which otherwise seems a far-fetched dream in traditional investments.

Is The Crash A Necessity Prior To A Catapulting Flight?

Sections of proponents and veterans from the industry believe a crash to be necessary. As it would declutter scam coins, and folks who have boarded going along the trend.

Since blockchains have generally been open source, a lot of digital coins have surfaced which pose no utility. Moreover, lack of norms set by exchanges have led to an inception of such coins.

The top-tier and established assets have faced the wrath of the ruthless market cycle. Such that, the year-to-date returns have plummeted to a greater extent.

For instance, the YTD returns of BTC is down 25.23%, ETH is down 34.20%, BNB 33.22%, ADA has incurred losses of 24.22%, while the sprint runner SOL is down 42.82%. In the interim, the crash has dispelled a host of zero utility tokens. 

Concluding, the aforementioned factor is the only positive impact for the crypto business. That said, the bear runs are the ones which produce seasoned and stout players.

While novices have been learning the game, critics should probably get into the game before it’s too late. The market has been showing little signs of a rebound, which hints at a longer winter sale.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.

Recent Posts

Bitcoin, Ethereum, and XRP Price Prediction Next Week: Will the Crypto Market’s Downturn Hold? Bitcoin, Ethereum, and XRP Price Prediction Next Week: Will the Crypto Market’s Downturn Hold? 

Bitcoin, Ethereum, and XRP Price Prediction Next Week: Will the Crypto Market’s Downturn Hold?

The last few days of March have brought a sharp decline to the crypto market.…

March 30, 2025
Bitcoin Price Battles to Stay Above $83k, Is the Rally Done?Bitcoin Price Battles to Stay Above $83k, Is the Rally Done?

Bitcoin Price Battles to Stay Above $83k, Is the Rally Done?

Bitcoin (BTC) is facing increasing pressure as key support levels are breaking, raising concerns about…

March 30, 2025
XRP Price Breakout Alert: Short, Mid and Long Term Scenarios RevealedXRP Price Breakout Alert: Short, Mid and Long Term Scenarios Revealed

XRP Price Breakout Alert: Short, Mid and Long Term Scenarios Revealed

XRP’s chart shows it’s holding up better than many other altcoins and at press time,…

March 30, 2025
Trump-Bukele White House Meeting: Is Bitcoin the Main Agenda?Trump-Bukele White House Meeting: Is Bitcoin the Main Agenda?

Trump-Bukele White House Meeting: Is Bitcoin the Main Agenda?

El Salvador’s pro-Bitcoin President Nayib Bukele has hinted at a possible visit to the White…

March 30, 2025
Bitcoin Nears Worst Q1 Close Since 2018: Will Bearish Metrics Push BTC Price Below $80K?Bitcoin Nears Worst Q1 Close Since 2018: Will Bearish Metrics Push BTC Price Below $80K?

Bitcoin Nears Worst Q1 Close Since 2018: Will Bearish Metrics Push BTC Price Below $80K?

The crypto market's recent recovery faded on Friday as a sharp sell-off erased nearly all…

March 30, 2025
Time to Buy Ethereum? Whale Bags $58 Million of ETHTime to Buy Ethereum? Whale Bags $58 Million of ETH

Time to Buy Ethereum? Whale Bags $58 Million of ETH

Amid the bearish market sentiment, a crypto whale found Ethereum (ETH) to be an ideal…

March 29, 2025