The alarm clock is blood red this morning in the crypto market, which sees Bitcoin stumble, but more importantly all of the altcoins in the market in free fall mode.
Bitcoin and cryptocurrencies: Silence, it’s falling
Once again, the crypto market is putting its investors’ nerves to the test with an alarm clock with colors straight out of a New York sky after Canadian fires…
Probably as a result of the series of bad news over the past few days, but perhaps more directly related to the announcements from the Robinhood platform, the whole crypto market is suffering this morning.
If, as is often the case on our favorite market (or not), the causes of the current apocalypse are difficult to identify correctly, the fact remains that the small people of altcoins are struggling with assets as emblematic as SOL, AVAX or COSMOS which drop up to 15% valuation in the last hour.
If Bitcoin, in its royal solidity holds up overall, it should also be noted that Ethereum is supporting the storm well by abandoning for the moment “only” 3% over the last hour.
As usual in such cases, we can not advise you too much not to act under the influence of your affect and your emotions, probably the worst advisers in such a context.
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