Crypto Panic is a term that refers to a state of widespread anxiety or fear among investors and traders within the cryptocurrency market. It typically arises during periods of significant price volatility, market downturns, or negative news related to cryptocurrencies. The panic can lead to rapid selling and a rush to liquidate assets, often exacerbating market declines. Crypto Panic is characterized by emotional responses to market conditions, which can overshadow rational decision-making, resulting in irrational behavior, such as selling assets at a loss or reacting impulsively to rumors and speculation. The term underscores the psychological dynamics of trading in a highly speculative and rapidly changing financial landscape.
**Surprising decisions can shake markets!** South Korean President Yoon Suk-yeol's unexpected declaration of a curfew sent ripples through global financial systems, particularly impacting cryptocurrency markets. On the evening of December…