What is a Crypto Market Correction?

A crypto market correction is a period of decline in the value of cryptocurrency prices, usually following a period of rapid growth. The term "correction" is used because it suggests that the market is adjusting to a more sustainable level after prices have risen too quickly. Corrections can occur for a variety of reasons, including market speculation, changes in regulations, and economic conditions. During a correction, the prices of many cryptocurrencies may fall, sometimes by a significant amount. Investors may…