#News
What you need to understand!
The fires in Los Angeles in the USA have affected the cryptocurrency market, how come?
The fire affected more than 86 km², it ravaged the homes of wealthy people in the USA, stars, police officers ...
At least 10,000 homes and buildings were burned. Several deaths and injuries are recorded, and 150,000 people are subject to the evacuation order.
The economy has been hit by a huge loss, the insurance sector is preparing for a colossal reimbursement and the repair will cost the state a lot. Subsequently, the dollar fell and the cryptocurrency market has been following it since yesterday.
We are preparing for a market decline, guys.