🩸Why are the #Criptomonedas falling?🩸

#BTC , #ETH and ALTS have dropped by 5% -10% today, and here are the reasons behind this.

1⃣ White House Meeting

Today, #DonaldTrump will meet with the leaders of Zelensky and the EU to discuss the Russia-Ukraine peace agreement.

Some say it will happen, while others think it won't.

This is causing uncertainty, and the market is being affected.

2⃣ Leverage Flush

Nothing goes up in a straight line.

ETH rose 50% in 2 weeks, while ALTS rose between 50%-100%.

This resulted in people opening high-leverage positions, and now exchanges are liquidating them.

Once it's over, Big Money will enter and begin a price reversal.

3⃣ Rate Cut Odds

A week ago, there was a 100% chance of a rate cut in September.

Now it stands at 84.8% due to PPI data.

What's next for the markets?

Today's White House meeting will eliminate most of the market uncertainties.

Additionally, the September tax cut will likely happen, so don't be alarmed about it.

This drop is just to provide better entries for the big players before the market turns parabolic.

LFG! #hold