I will start with you a new series about cryptocurrency and forex markets, how these markets operate, the factors affecting them, and the state of the global financial market.
First: The cryptocurrency market is an old market, over fifteen years old. From my knowledge and experience, it is influenced not only by the decisions of the US Federal Reserve but also by rumors. A prime example of this is the recent rumor about the sale of Binance's assets and the theft of over one and a half billion from cryptocurrencies on the Bybit platform. This rumor, or truth as some claim, had a significant impact on the collapse of the global cryptocurrency market, particularly the largest currency, Bitcoin. We saw its decline from a price of 107,600 to 79,000 in less than two days, along with other currencies such as Ethereum. However, dear friends, this rumor had a clear reason, which was opening the market for big businessmen to inject billions and buy cryptocurrencies at a low price.
Thank you.
I would love to see your comments and opinions on what I said and whether I should continue or not.