photo5771544935055604714 Analysts note parallels with March 2020: Will this time be different?

Analysts note parallels with March 2020: Will this time be different?

– The recent downturn in the crypto market shares many similarities with the one caused by a pandemic panic in March, 2020.
– Many analysts are hopeful of a turnaround, citing the similar pattern seen in March 2020 which eventually led to an extended bull run.
– The current decline in traditional markets has led to a loss of $7.6 trillion in market cap from the tech heavy Nasdaq, in non-inflation adjusted terms, more than the dot-com bubble and the March 2020 sell-offs.

 

 

Analysts note parallels with March 2020: Will this time be different?
Analysts note parallels with March 2020: Will this time be different? 3

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