🧠 Why is the market red?
There are usually a few common reasons when most coins drop at the same time:
1. Bitcoin Correction: When BTC takes a dip, the whole market often follows. It’s the domino effect.
2. Macro Factors: News like interest rate hikes, inflation data, or global financial uncertainty (like U.S. or China economy news) often spook the crypto market.
3. Profit-Taking: After a strong rally, investors often sell to secure profits.
4. Low Volume/Weekend Volatility: Markets tend to dip more aggressively when volume is low (e.g., during weekends or holidays).
5. FUD (Fear, Uncertainty, Doubt): Any recent negative news, hacks, or exchange drama?