It seems that not only from Libra news that it has a big impact on bitcoin, it is also possible because of the lack of good news from Donald Trump regarding bitcoin, and also technical analysis factors that have a significant impact on bitcoin decline. Support resistance is one of the causes of market movements other than fundamentals .
What Libra impact ? Did Revolut impact bitcoin ? Let's look at the charts. Revolut was founded Jul 1
st 2015. What happened to bitcoin at the time ? ...NOTHING !
And let's be honest, when did Trump became this worldwide financial trading guru that we all look up to ? Unless he decides to ban bitcoin usage in US there is nothing he can say to impact btc price IMO.