When the price of bitcoin declines, it’s common to see the terms “crash” and “correction” used more or less interchangeably. However, the two words actually mean different things.
A crash is widely regarded in traditional finance as an over-10% drop in price over the course of a single day.
These are often fueled by impactful, sudden changes in the crypto market that cause panicked investors to exit en masse.
While technical factors can have dramatic effects on…