The main reasons for the BTC plunge are as follows:

First, there is the news that the Federal Reserve may raise interest rates. This has caused market concerns and exacerbated the outflow of funds.

Second, there has been a large outflow of funds this week, and it is reported that the outflow of funds has reached nearly 200 million US dollars. This has exacerbated the panic in the market.

Third, Powell said that this year may only cut interest rates by no more than 25 basis points, and this news has had a negative impact on the market. Professionals analyze that if inflation subsides, there may be 2-3 interest rate cuts, which will have a huge impact on the crypto market.

The outflow of funds is scattered in various sectors, and the most noteworthy one at present is the chain game sector. Among them, XAI is the leader. XAI is Ethereum's 3-layer expansion network, focusing on the game field. Yesterday, XAI ushered in a major update and launched the Pioneer Genesis event on GALXE, covering many games and tasks. The project has a strong background, and the update will make it a leader in the chain game field and a partner of the wed3 game platform. This event is different from the past and is expected to attract 105,000 users and a high-quality community, as well as airdrop rewards. Despite some twists and turns, XAI has a promising future. The market value and price are currently at a low level, which is worth investing in. #非农就业人数高于预期 #btc暴跌 #meme板块关注热点