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DO NOT panicYou look at the market of #crypto : in red You look at the U.S. stock market: in red You see your portfolio of #Binance : in red Bad day, right? But, calm down. You may be just starting out and seeing drops everywhere can be discouraging, however, what happened today has explanations, and the main one is that just like the real world, cryptos move and are in constant change. Yesterday, the U.S. Fed was expected to announce aggressive interest rate cuts for next year. That didn't happen.

DO NOT panic

You look at the market of #crypto : in red
You look at the U.S. stock market: in red
You see your portfolio of #Binance : in red
Bad day, right? But, calm down.
You may be just starting out and seeing drops everywhere can be discouraging, however, what happened today has explanations, and the main one is that just like the real world, cryptos move and are in constant change.
Yesterday, the U.S. Fed was expected to announce aggressive interest rate cuts for next year. That didn't happen.
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#BTC at record: novices and new whalesThat $BTC surpassed USD $100 thousand and $XRP is seen positively towards the future, has brought many novice investors, curious ones, and those who refused to enter the #crypto world. It is obvious, but many of those who were already inside this market forget, when making projections, that the intervention of these new 'actors' influences the behavior of the market. Moreover, this end of the #2024 has managed to convince the world that $BTC is not an internet game, nor much less a scam or money laundering.

#BTC at record: novices and new whales

That $BTC surpassed USD $100 thousand and $XRP is seen positively towards the future, has brought many novice investors, curious ones, and those who refused to enter the #crypto world.
It is obvious, but many of those who were already inside this market forget, when making projections, that the intervention of these new 'actors' influences the behavior of the market.
Moreover, this end of the #2024 has managed to convince the world that $BTC is not an internet game, nor much less a scam or money laundering.
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