A Glimpse on the Crypto Market Bubble

com crash market. According to Cowen, the observed patterns are the same, as the market witnesses an ever-growing number of investors who seek to earn swift profits and do not worry about the long-term consequences of creating an investment bubble.Nevertheless, the economic history offers numerous examples, including the 1929 stock market crash, the 2002 dot.com crisis, and the 2008 retail industry crisis, to illustrate a fairly simple idea that the economic bubbles cannot last for long. Furthermore, the scope of the problem and its consequences cannot be articulated until the bubble bursts.ReferencesAltcoin Daily (2023). Crypto will crash “worse than the NASDAQ in 2002.” YouTube, https://youtu.be/fhG0afjEsSQ?si=aANAE2JiV0Hs7iiySherman, N. & Matza, M. (2023, October 7). Sam Bankman-Fried: FTX crypto-empire “built on lies” - prosecutors. BBC News.