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!
Some bitcoin holders are doing panic selling of their bitcoin or other crypto currency. Maybe because some are afraid of the news from social medias that governments are banning crypto currency.
On this graph it explains that bitcoin is always going down early months of the year and have come back again before the year ends.