What is the term for a situation where a cryptocurrency undergoes a significant and often sudden decrease in value?

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What is the term for a situation where a cryptocurrency undergoes a significant and often sudden decrease in value?

Question: What is the term for a situation where a cryptocurrency undergoes a significant and often sudden decrease in value?

Answer: Bear Market.

Further reading

Which blockchain platform is designed for the creation of decentralized applications (DApps) with a focus on scalability and low transaction fees?

What is the purpose of a “masternode” in certain blockchain networks?

Which blockchain platform is known for its focus on providing solutions for identity verification and authentication?

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