On Friday, many crypto-lovers took to social media to vent their dissatisfaction with the current state of crypto markets. Reddit user imyourkingg claimed to have posted the following: InvestedHe deposited 30% of his net wealth into (BTC(A few months back, saying:

Because crypto is decentralized, there aren’t any circuit breakers that can be used to protect it from the same fate as those found on stock exchanges. It can lead to extreme bull/bear cycles that are difficult for uninitiated people to get used to. Reddit user, another Reddit user, took to the podium with a posting Title“$60k panicked and started to panic: