#MarketTurbulence The producer price index has created a turbulence which has been made the senario dire by the PPI Final Demand Price Indices. Though the twelve month spread of index is upward from the report the aggregate demand of goods and services are still upward. The 24 hour fear and greed spread of market is not optimistic with rise in trading volume. Accordong to the labour statistics the unemployment has decreased subsequently 120000 jobs has been created in the economic system of USA. Amongst the cryptos BTC has the highest market dominance and market turnover. Reason behind its crush:
1. The market was overvalued
2. The institutional player does not stay in one market rather they move their fund at differents issues
3.There is financial institutions involvement in the market by proper custodian and fund manager
@followers