Has the Bitcoin and crypto crash been planned a long time ago to implement crypto regulations? Report

Has the Bitcoin and crypto crash been planned a long time ago to implement crypto regulations? Report

The recent fall in the price of crypto assets is linked to strict crypto regulatory enforcement, with stakeholders citing a plan to crash the industry. 
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Cryptocurrencies and virtual assets are volatile. Unfortunately, there is no two-way about this because it has a frequent pattern of boom and bust, which has left many wondering whether it is worth investing in them. However, there are murmurs about the industry’s instability, hinting at a long-term plan to implement crypto regulations. Let us dive into some recent happenings that have led to these murmurs.
The value of Bitcoin, the famous “digital gold,” was down by more than 90 percent from its previous all-time high of $69,000 in 2021. Bitcoin’s price plunged below $16,000 in November 2022, showing a disturbing trend that has continued to grace the market. In addition, the broader digital currency ecosystem is on a downward trend. So the question is, what triggered t

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