Bitcoin's most titled currency fell sharply below $ 26,000 on Thursday for the first time in a year and a half,the reason being a wider sale of cryptocurrencies that led to the loss of $ 200 billion in the entire market in just one day,from what I saw on CNBC

the price of bitcoin was only $25,401.29 on Thursday, It is the first time the currency is at such a low level, in a 1 year and a half

In the end, the bitcoin recovered from losses, rising to $ 29,413.08

 A second, Either digital currency has also dropped to $ 1,704.05, and this currency is also falling for the first time in the last year.

However, she also recovers land and climb to a price of 1988.45 dollars

 Investors start giving up cryptocurrencies during this period when stock markets have been declining due to the coronavirus pandemic, due to fears that prices could rise

Some published US inflation data show a huge 8.3% increase in goods and services in April. this is an increase that surpasses analysts' estimates, being a record in the last 40 years

Another factor of concern for traders is related to TerraUSD or UST currencies, which should show the value of the dollar, but as it fell below 30 cents it caused a wave of loss of investor confidence.

Investors who want security in times of market downturn use stablecoin currencies, which represent the crypto world's bank accounts, and UST stablecoin, which has code support in a reserve, was unable to maintain a stable value when many decided to make withdrawals

The other day the UST currency had a value of 30 and a few cents, well below the expectations of the expected value

Investors seem to have big worries about bitcoin because of the fund created by Terra Do Kwon, Luna Foundation Guard that sells a huge part of bitcoin to succeed in supporting stablecoin currencies.

It seems that the power of cryptocurrencies is going through a decrease in the value on the market but also in the confidence of investors in the cryptocurrency market

 Will the crypto market recover quite seriously will it be able to have stability again that will increase again the level of confidence that is declinin?

I'm not an analyst, but from the point of view of the simple man, it seems to me that it will be difficult without serious and stable growth of the crypto market to gain the trust of investors who are scared and start to withdraw their crypto

If there is a model that guarantees a forecast of what will happen to the crypto market then it would be easier to know what to do to wait the necessary time to return to the maximum levels if there is a chance, or to withdraw depending on how you affect

What do you think, will the cryptocurencies survive this crisis or will it lose investor confidence?

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