Author: Anuj Singh

There has been a significant bear market in cryptocurrencies since they hit an all-time high in November 2021. In November, this asset class was worth $3 trillion, but by August, it had dropped to less than $1 trillion. The decline has been compared to the fall in the stock market caused by inflation and rising interest rates. The stock market has entered a bear market. Lack of oversight, unproven identities, and complex technology could make crypto vulnerable to “rug pull” fraud or accelerate the demise of a stablecoin. Investors who aren’t willing to take on a lot of risks should…