Problem with crypto is people buy it with credit and loans, the people they buy it from take money and put it into a bank again, the bank takes it and lends it out ir buys bonds or whatever, invests it, so on. Then the economy takes a plunge and boom all hell breaks loose the reason why btc is falling and everything else is it doesn’t have anything to do with its value its just that its a high risk, speculative market and that goes for the industry as a whole. Ppl buy a lot of btc with money they didn’t have to begin with so when its time to pay up they have to sell it even if its at a loss to pay the gate keeper aka governments, higher gross customers and so on.

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