What is the reason of this so big dump ๐๐โ
First of all understand this Everyone knows this monthly closing is expected but this dump ๐ so severe is not expected
Let's break it down in basic concept so everyone understand ๐
Every Time when There is monthly and weekly closing comes together All stock market closed and every stock traders move out his money by selling stocks
But what is relation of stock and crypto โ good question
When there is uncertainty in stock so there is double uncertainty when there is 20% fall in stock there is 40% fall in crypto because mostly people think crypto is more riskier ๐
$BTC and many Alts like $WCT , ETH, XRP, BNB, TON, SUI follows stocks
then Mr $TRUMP in press conference again start Tarrifs on country
and according 1 news ๐ฐ china ๐จ๐ณ violate tariff agreement after which Mr donald trump post this (screenshot) which is ultimate cause of this severe dump ๐๐
Hope you like it also comment your thoughts ๐ค๐ญ