Does anyone know the reason in these 2 days, why is the market experiencing a sharp decline. Will the red color continue, or only for a moment and then change to green. Give your honest opinion and knowledge. Let's discuss with a cool mind, waiting for positive news.
Thank you.
I think due to hack cases on some exchange from Gate.io If im not mistaken, and a new binance but this Im not sure. They have system maintenance for longer hour could be one of the reason. And also cryptopia closure, which really will turn down the market. Maybe some fuds on other token too. There are lots of factors that could affect.
Regarding hacking Gate.io maybe I just heard it from you, but the binance hacking case is over and it seems like it was finished a few weeks ago I read it. You are right, there are many factors that affect market conditions and that are real. Especially the negative news circulating. But it turns out that the crypto market is starting to improve and is fine. I am quite relieved by the current conditions.