Topic: Global crypto market down - what may be the reason? - page 3. (Read 410 times)
There's news from South Korea that their govt is about to ban BTC. Also the Chinese New Year is around the corner. Those are the only reasons iv found.
well bitcoin started going down and whenever that happens altcoins, without any hesitation, start their dumping. and that part doesn't really need any reasons to happen. it just happens.
and as for bitcoin, as you may have guessed already from this board and the "internet", there is a lot of FUD about banning bitcoin again circulating the media.
and it baffles me that people still care about what the government says about the "decentralized market"!
and as for bitcoin, as you may have guessed already from this board and the "internet", there is a lot of FUD about banning bitcoin again circulating the media.
and it baffles me that people still care about what the government says about the "decentralized market"!
There are several topics already about this matter... Takes literally seconds to find one and read the answers already there... Nonetheless:
The reason behind this market crash is the spread of FUD from Asia. There were some news about china wanting to stop the bitcoin mining in their country ( keep in mind that China represents 2/3 or so of the total mining power), and also a suposed ban of crypto trading on South Korea. People started panicing and the market is showing exactly that.
The reason behind this market crash is the spread of FUD from Asia. There were some news about china wanting to stop the bitcoin mining in their country ( keep in mind that China represents 2/3 or so of the total mining power), and also a suposed ban of crypto trading on South Korea. People started panicing and the market is showing exactly that.
According to the news I saw on google that South Korea is looking to ban cryptocurrency exchanges on their country. That's probably one of the reason today why bitcoin market is going down.
They revoked it, again. They "banned" bitcoin 5 times in a month, call that a record.
There's no need for a special reason for this market drop. Sometimes there are news and rumors that can trigger it, but sometimes it just the market as it is. It's normal, just take advantage of the drop if you can.
According to the news I saw on google that South Korea is looking to ban cryptocurrency exchanges on their country. That's probably one of the reason today why bitcoin market is going down.
Wow man, you're overwhelm me, going to look the news
Dear community members,
I believe everyone has noticed today's global downfall of crypto market. Most of the assets are down by more than 15% and bitcoin is heading towards 10k mark.
I am surprised to see the downfall because I was not able to find any significant news which may have caused this downfall.
Ami I missing something here? Can anyone please enlighten us with the possible reason?
Thanks!
I believe everyone has noticed today's global downfall of crypto market. Most of the assets are down by more than 15% and bitcoin is heading towards 10k mark.
I am surprised to see the downfall because I was not able to find any significant news which may have caused this downfall.
Ami I missing something here? Can anyone please enlighten us with the possible reason?
Thanks!
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