Over the past 24 hours, the Bitcoin crypto and the cryptocurrency market have fallen.

Reasons:

1) The collapse of the US stock market, which lost $1.1 trillion due to bad quarterly reports from Tesla and Google.

2) Capital outflow from newly minted spot Ethereum ETFs in the amount of $133 million (our song is good from the beginning).

3) Mt.Gox FUD, people are still afraid of large-scale sales. In the last 24 hours, MtGox transferred more than $2 billion in BTC to the Bitstamp exchange in the last 24 hours as part of payments to creditors.