Has the crypto bubble burst?

Cyptos across the spectrum plunge [Click to view in browser](. Dear subscriber, It seemed like every week minted a new crypto millionaire. [Shiba Inu Train GIF by Shibetoshi Nakamoto] Maybe that was the market’s way of sucking in its last victims. After peaking in April, Bitcoin fell more than 30%. Ethereum is off 24% from its high last week. Dogecoin is off nearly 1/3rd from its peak earlier this month. Yet that only tells part of the story because year-to-date, these highfliers are still up 50%, 350%, and 10,000% respectively. News matters Just a whiff of a problem can spook these markets. Take Bitcoin for example. Elon Musk stated Tesla would no longer accept Bitcoin as payments due to the heavy environmental toll taken by miners. Later, he came back to clarify that he hadn’t divested from his current holdings. Still, the damage was done. Bitcoin’s tumble continued, taking with it stocks like Marathon Holdings (MARA). Finding an exit You know how to figure out when an asset has run its course? It starts coming up in regular conversation. When you hear your friend talking about Bitcoin and the last thing he bought was a pair of Jordan’s, chances the gig is up. In a larger sense, broad acceptance is needed to make cryptocurrencies a mainstay. Yet, it’s how quickly they move as well as the breadth that defines a bubble. When we saw Dogecoin blow up, you know the space has overheated. But, it continued to run another several months after the initial boom. That’s why most traders and investors rely on a combination of qualitative and quantitative metrics. One signal of a bubble isn’t much. 4-5 might be a tipping point. Our hot take We expect major cryptocurrencies to do one of two things here: trade in a wide range against the highs or pullback to reset their run. If you like this space in the long run, lay out scenario-based strategies that help you define your actions beforehand. It helps remove emotion from the decisions when they hit. In the meantime, check out some of the great alternative investment content below from our publisher network. [Meet The Dogecoin Millionaire Who's Holding Onto His Bag]( When in February Glauber Contessoto decided to invest his life savings in Dogecoin (CRYPTO: DOGE), his friends questioned his mental soundness.[Read More]( [How Elon Musk May Have Caused Another Cryptocurrency To Surge]( Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk apparently has caused the price of another cryptocurrency to increase. [Read More]( [High Profile Team Leveraging Hydrogen Vehicle Boom]( Hydrogen Vehicles Are Here & This Company Has a Big Foot in the Door For Fueling Them [Read More Here]( Sponsored [Ethereum Vs. Ethereum Classic: A Technical Comparison]( Ethereum (CRYPTO:ETH) and Ethereum Classic (CRYPTO:ETC) are two cryptocurrencies running on the Ethereum blockchain. [Read More]( [Energy Cliff to Bring About Decline Similar to the Late Bronze Age Collapse]( If the energy cliff was truly understood… [Read More]( [This company is on its way to being a market leader in the psychedelic industry]( Be one of the first to invest in this market leader [Click here to read more.]( Sponsored [Inflation soars, yet silver gets “tamped down” again]( Although once again the Federal Reserve says its “temporary”, and despite the spike, silver got pummeled… [Read More]( [Triple Digit Losses for Cotton]( The full article can be found on Barchart.com [Read More]( [Could this change the way you invest forever?]( Click to learn more about our "All In" buy alert. [Click here to read more.]( Sponsored [Morgan Stanley Has Paid Fines for Two Decades for Abusing Customers with In-House Products, Now It Plans to Stuff Bitcoin Futures into Its Mutual Funds and Retiree Annuities]( [Read More]( You are subscribed to email updates from [InvestingChannel](. To stop receiving these emails, you may [unsubscribe]( now. InvestingChannel, Inc., P.O. Box 118 New York, NY 10018. Disclaimer: This is not investment advice. This InvestingChannel, Inc. newsletter is for information purposes only and opinion-based. Futures, forex, stock, and options trading are not appropriate for all investors. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can ensure returns or against losses. No representation or implication is being made that using any of these methodologies or systems will generate returns or ensure against losses. Investors should be cautious about any and all investments and are advised to conduct their own due diligence prior to making any investment decisions. [Link](