Why #MarketDownturn ? I explain it with apples and pears according to what I was able to investigate.

One of the first factors was the wait for interest rates.

A particular game was Japan, with 0.10% interest rate declared that it will rise to 0.25%, it does not seem much, but in volumes panic occurs.

What happened? Well, loans were requested at that rate and interest and they were taken to high markets, such as the US or Mexico among others.

Upon learning of the change in interest rates, the buyback and the environment went into panic, since many withdrew their investments to repay the debt, evidently the excess of sales raises the offer.

With this comes the fall of $BTC which drags with it the rest of the altcoins, which also register a significant exit due to the market panic.

This affected the western markets from Friday to Monday, there was even a fall in stocks, values ​​were affected, countries like Mexico were delivering high sums in profits.

If we add to that the case of $XRP , which although it came out with a victory of 125MM, less than 10% of the punishment, the market could not have the confidence of stability, the highest percentage in history was liquidated, including SP500 which in decades fell to almost 6%.

Now it is understood that this also worked as a necessary correction of #MercadoCripto and with the release of #XRP🚀 now we see another perspective of the market, including the #Meme that have been so much around.

I hope you liked it and thank you for your comments.