$BTC Why is the crypto market dipping? (simplified)
![](https://bin.bnbstatic.com/image/admin_mgs_image_upload/20201110/87496d50-2408-43e1-ad4c-78b47b448a6a.png)
XRPUSDT
Perp
97,573.73
+1.12%
In my opinion, there are 3 main factors right now:
🔸 Fears of a tech-selloff following the launch/hype of DeepSeek (US open is set to be bloody according to futures), crypto is front running as markets are closed & it's a higher risk-beta asset class.
🔸 Pre-FOMC de-risking (this is very normal, especially in an environment where we're extremely sensitive to rates/U.S. dollar/liquidity).
🔸Lack of short-term "north star" after Trump's inauguration.