Why is there a panic sell in the market right now? Here's what I can explain:

• Trump's odds of winning the election are decreasing

• Recession fears were triggered when the US unemployment rate rose higher than expected (4.3%). Traditional investors feared a recession was coming → they sold stocks → they sold crypto

• Warren Buffet sold 50% of Apple shares and stocked up on record cash. Investors thought he saw something & they followed suit (Apple shares are down 7% before Monday's trading). They also sold other stocks + crypto they were holding to get cash because they thought Warren Buffet was thinking there was a recession!

• Japan's stock market fell the most in the past 10 years. Japanese investors are also the world's top crypto investors. Panic is spreading from stocks to crypto

• Geopolitical tensions in the Middle East

• Altcoin investors have run out of patience. They started selling all the remaining & may be accepting surrender!