$BTC Why has the crypto market gone down?
#whythecryptomarketwentdown
The last few days have been stressful for hodlers and traders. Bitcoin is losing ground, altcoins are crashing — the air is filled with fear. What is happening?
1. Stock markets are pressuring: A correction in Nasdaq and S&P traditionally hits crypto as well. Investors are fleeing to "safe havens."
2. Fed rhetoric: Possible tightening of policy is causing a wave of sell-offs.
3. Crowd psychology: Panic intensifies the decline. Those who haven't sold are holding their breath.
What’s next?
Either it's just a pause, or the start of a deep correction. The market is waiting for signals. We are with it.