The cryptocurrency market is exploded!
The ruthless shells of the Middle East war hit the cryptocurrency market!
Should you leave the cryptocurrency market quickly or buy at the bottom?
The growing tensions in the Middle East have triggered cautious sentiment in global markets, and the crypto market has fallen accordingly. Data shows that Bitcoin fell by about 4% in the first two days of October, in sharp contrast to the average increase of 20% in October over the past 10 years.
Chuang Ge believes that the Federal Reserve has begun to cut interest rates, and this sell-off is a "temporary setback". The government after the US presidential election in November may also be more friendly to the cryptocurrency industry. "October is often the best month for Bitcoin, and this seasonal trend still exists."
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