Reason for market crash
Macroeconomic News:
Inflation, interest rate increases, or economic slowdowns in the US or other major countries can affect the market.
If the US Federal Reserve or another central bank announces a tight monetary policy, the crypto market may fall.
2. Regulations & Bans:
Banning or strict regulations on crypto in a country, such as news of raids or closures on Binance or other exchanges.
3. Profit Taking:
If the market has been in a bull run recently, people start selling coins to take profits, which drives prices down.
4. Market Sentiment:
If there is fear on social media or news channels that the market will fall, panic selling begins.
5. Whale Activity:
If large holders (whales) start selling their assets, prices can fall rapidly.
6. Technical Correction:
Sometimes the market goes up a lot and then comes down for a while, which is a natural technical move.
