The reason for the fluctuation of Binance's new coin market every time.

1. The big investors who seek stable fixed income will absorb 2 billion US dollars from u pledge, and the funds that may be used to participate in BTC/ETH in the market will be greatly reduced, and liquidity will deteriorate.

2. Hot money that likes short-term transactions will withdraw from the previous "old new coins" to wait for the next new coin to be copied, causing a general decline and a series of stampedes. Even if the money coming out is large, it may not participate in the speculation of the next new coin.

3. In April, the new coin market continued to fall for a month, and many people were afraid and withdrew from risk aversion. #SEC主席重申比特币非证券 #你有多少HMSTR？ #美联储11月降息预期升温 #美国8月核心PCE创4月以来新高 #美国二季度核心PCE符合预期