Definition: crypto volatility

The huge swings in cryptocurrency prices based on market demand. To many people, crypto represents the ultimate freedom from government and bank control. To others, it is the chance to "get rich quick." Two trillion dollars' worth of market cap was created in a decade, and this knowledge fueled the interest in crypto. However, from 2021 to 2022, more than half of that wealth vanished. See crypto winter and crypto slippage.




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