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Powell triggers a cryptocurrency crash, is the bull market over?
Within two days, Bitcoin experienced a massive price correction.
Within two days, the value of altcoins was drastically cut in half.
The contract players who were scared to death yesterday finally fell asleep, but when they woke up today, they saw the sky falling again. Bitcoin fell by $5,000 again. It finally recovered above $102,000 yesterday, and today it went straight to 97,000.
300,000 people across the entire network had their positions liquidated, with the amount exceeding 1 billion US dollars.
The leading copycat brands, doge and sol, were also greatly affected, not to mention the rest of the copycat brands.
The reason for yesterday’s plunge can be attributed to Powell’s speech, but the investors are still confused as to why the market fell today.
Within two days, the value of altcoins was drastically cut in half.
The contract players who were scared to death yesterday finally fell asleep, but when they woke up today, they saw the sky falling again. Bitcoin fell by $5,000 again. It finally recovered above $102,000 yesterday, and today it went straight to 97,000.
300,000 people across the entire network had their positions liquidated, with the amount exceeding 1 billion US dollars.
The leading copycat brands, doge and sol, were also greatly affected, not to mention the rest of the copycat brands.
The reason for yesterday’s plunge can be attributed to Powell’s speech, but the investors are still confused as to why the market fell today.
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