I've watched plenty of market selloffs over the years, and one thing rarely changes. When prices decline at an accelerated pace, the blame often shifts towards investor sentiment.
In recent months, several cryptocurrencies, including Bitcoin (BTCUSD), have shed more than 50% in market value, making investors nervous. The pullback has dragged valuations of “Bitcoin companies" such as Strategy (MSTR) and Coinbase (COIN) lower.
