WHY COINS CRASHED FOLLOWING THE PAUSE IN "INTEREST RATE HIKES" AND WHAT TO EXPECT

Many cryptocurrency traders have expressed their surprise following the sharp dip we saw when the market was supposed to be in an uptrend. Pausing interest rate hikes is bullish news, and this is what happened.

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The market has already "priced in"; what does that mean?

"Priced in" is an often-used term in the financial markets, including crypto trading. It refers to the concept that market participants have already anticipated and factored in certain information or events into the current price of an asset. Such that when the said event happens, the price won't be impacted because the market has already incorporated the expected impact into the current price.

What to expect

Volatile movement in the next few days.