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Image Credit: Bitcoinist

Here’s Why The Bitcoin, Ethereum, And Dogecoin Prices Are Crashing

  • The Bitcoin, Ethereum, and Dogecoin prices are crashing due to a lack of liquidity in the crypto market.
  • Capital inflows into the market have declined from $134 billion to $58 billion, indicating a decrease in investment activity.
  • Bearish sentiment among investors has been sparked by developments on the macro side, such as the recent strong US job data.
  • Other on-chain metrics, including a decrease in large transactions on the BTC network and a drop in Bitcoin's network activity, also highlight bearish sentiment.

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