Why is crypto crashing? Will bitcoin prices ever recover? Here’s what traders and investors say

Bitcoin sold off sharply Wednesday. The slump represented an acceleration of a downtrend in the world’s No. 1 crypto that had begun over the past 10 days or so, investors and industry specialists told MarketWatch.

At last check, bitcoin prices
BTCUSD,
-1.23%

were changing hands at $38,732,56 on CoinDesk, which is actually a remarkable feat since it touched a session low of $30,201.96 before bouncing back.

Prices of Ether


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