Post
Topic
Board Speculation
Re: Is market down due to Eid of muslims?
by
kemonojim
on 02/07/2018, 19:30:25 UTC
With Eid just around the corner across the globe...

Are mulims in crypto space selling and taking their money out from crypto space to buy gifts for their loved ones causing market down?
I think not, that Muslim celebration has nothing to do with Bitcoin prices, because the market reacts on the basis of the Volume of investments entered by some investors in the trading market. They use Bitcoin to buy gifts or what ever it is only a small part of the cap market. it will not affect the bitcoin price.