The crypto selloff continues, with the sector’s market cap slipping below $1 trillion from $3 trillion at its peak. Apart from inflation, rising interest rates, and the war in Ukraine, the troubles at crypto projects Terra and Celsius have also weighed on investors’ sentiment. In this video, we discuss what is going on in the crypto market. We also look at the Bitcoin (BTC-USD) rainbow chart to see whether the time has come to buy the dip.
