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BTC, ETH, BNB, ADA, SOL, XRP, LUNA, DOT, AVAX, DOGE -Breaking

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(BTC) and most major altcoins continue to witness a bloodbath on Jan. 21 and the result of the most recent downturn has been a $200 billion reduction in market capitalization.

Huobi Research has released a new forecast in conjunction with Blockchain Association Singapore. Bitcoin will enter the bear market by 2022. Crypto prices could be affected by liquidity tightening measures by the U.S. Federal Reserve, other central banks around the globe and regulatory actions by authorities.

Everyday cryptocurrency market performance. Source: Coin360