#CryptoMarketDip Crypto market crashes as $310 billion exits total market cap Yes, the market is going down, but this article doesn't provide any real insight on WHY. Saying that the crypto market dip is because Bitcoin is dropping doesn't tell me anything. Tell me what I'm missing here. From my echo chamber I'm mostly reading about how the current crypto dip is because of the US fed rate cut forecast being changed slightly more pessimistic of the economy next year from the planned four rate cuts down to two rate cuts. So am I supposed to think that this overnight crypto selloff (which is mostly coming from Asia who holds the most crypto) is caused by that too?