#BinanceHerYerde The reasons for the decline in the market are as follows
Some of the 50k BTC sent by MT.gox bankruptcy exchange was sold.
The decline in US currency exchange rates.
Net outflow from grayscale's funds.
When all three of these come on the same day, it is normal for there to be a decrease. Just as Germany ran out of BTCs and the market immediately collected them, soon these sunken BTCs will also run out.
Blackrock eth spot transactions have not started yet, all the others are garbage companies, that is why they did not sit at the table with the big network. The day he sits down, he will take everyone's breath away. On the day Blackrock opens, I expect net inflows to spot eth to be 100 million dollars per day. This provides a regular increase.
There is no big incident, do not scare the market and sell your spot goods. Don't listen to the cries of those who open futures transactions, they are already liquid. Now they hang shorts and get a slap from there. We won like that in an environment where the crew who opened 50x was liquid with a decrease of 200 dollars in BTC, do not be fooled by the scenario floor, they should probably submit the annual PNL report, all of them are at a loss of thousands of dollars.