#KSM | Volume spike (USDT PAIR) 12 times the average volume | Crypto PM no Binance Square

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#KSM | Volume spike (USDT PAIR)
12 times the average volume
128.37K USDT traded in 15 min
└Buying vol: 71.78K USDT 🟢
Boost score: 4/10
24h Vol: 965.24K USDT (Binance)
Price: 19.97 (+2.1% in 24h)
$KSM
#KSM/USDT #KUSAMA

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KSM

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Those who wondering what cause this big crash in market it's Yen Carry Trade Basically people were borrowing Yen (at low interest rates) to invest in high return assets Japan had low interest rates policy for long so people borrowing alot to invest in other market like us equities, suddenly bank of Japan increased interest rate to 0.25% That lead to Yen pump, so investors borrowed yen at low interest started unwind risk assets position to avoid losses that lead to market wide crash #Market_Update #BTCMarketPanic #RecessionOrDip? #MarketDownturn #Babylon_Mainnet_Launch

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There are some major reasons of crypto market dump👇 Last week's sell-off continued, Japan’s Nikkei 225 index crashes 7%. 🇯🇵 Japan's stock market suffers worst losses since 1987. 🇮🇷 🇮🇱 Iran says its attack on Israel will occur without warning. Recession fear US Unemployment Rate is at 4.30%, compared to 4.10% last month. #Bitcoin dropped $70K to $52K in Just 1 week. #stockmarketcrash #Japan #cryptomarketcrash

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