Why did bitcoin crash?

Bitcoin prices have seen a dramatic drop since the all-time highs of 2021.

While nobody knows the exact cause, Bitcoin’s crash over the last number of months can likely be attributed to a combination of factors like government regulators cracking down on crypto, security concerns from recent hacks, increasing competition from other digital currencies, and uncertainty over its true value.

The good news is that every time Bitcoin has seen an extended pullback over the years, it has always recovered to make new all-time highs!