Crypto’s price is volatile to the market, so sudden up and downs in their prices are observed. Its market value is affected by various factors like interest rates, inflation, and other macroeconomic things.
These factors increase confidence among people investing in particular cryptos which are risky and volatile. Crypto crashing can also be seen in government actions by regulators worldwide.
Yes, the crypto market has a solid chance of a comeback. It has been seen in the past that many cryptos have recovered in the long term after the downfall. The crypto market is volatile, so the comeback will not be the same in the case of less popular cryptos.
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