Post
Topic
Board Economics
Re: Why do you think the market is down right now?
by
ayesha703
on 15/10/2018, 17:55:15 UTC
There area unit many factors. initial of all, ETF, for sure. a big promotion around ETF introduction makes the market additional volatile and any negative news regarding ETF take the costs down. It’s vital to know that the implementation may be a long method. One company's refuse to introduce ETF doesn’t mean constant for alternative firms. additionally, current market downtrends could also be associated with national rules. Also, questionable whales, guys with a great deal of cash, need to shop for at terribly low costs and by doing that they alter the market. Be prepared for jumps by the tip of the year.

The crypto market still lacks positive developments to push the costs up and lots of investors area unit looking ahead to some excellent news before swing their funds on bitcoin and alternative cryptocurrencies. FUDs and report on worth manipulations conjointly make the costs to fall additional. Crypto rules appear ineluctable and lots of countries area unit about to impose it to shield their folks from scams and ineligible use of bitcoin.