The root cause of the repeated decline and sharp drop in the cryptocurrency circle
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Bitcoin rebounded from 64,000 to 66,400 in two days on June 20, but a small negative news instantly dropped back to around 64,400.
The apparent reason is a small negative in the US non-farm data. The number of people applying for unemployment benefits was 238,000, while the actual number was 235,000. The apparent reason is that the data affects the timing of the interest rate cut, but in fact it has nothing to do with it.
Problems in the cryptocurrency world:
First: Binance has listed 2 new coins. The water in the pond has not increased, but there are more and more crocodiles every day. On a hot day at noon, fish are dying of thirst. The core reason is not the sun at noon, but the lack of water.