BTC Price is crashing because of Binanace news of investigation by Justice department.
https://money.usnews.com/investing/news/articles/2021-05-13/binance-under-investigation-by-justice-department-irs-bloomberg-news
https://money.usnews.com/investing/news/articles/2021-05-13/binance-under-investigation-by-justice-department-irs-bloomberg-news
That headline is totally wrong... cz himself cleared the FUD but I guess damage has been done
The "news" title is bad. Article itself isn't so bad actually (but who reads). It described how @binance collaborated with law enforcement agencies to fight bad players, but somehow made it look like a bad thing... 🤔 Anyways. Back to work.
https://twitter.com/cz_binance/status/1392898786607828995?s=21
Bhai, thee is always knee jerk reaction of such bad news on any Market so was on crypto, BTC price went down by 3000$ when this news came in though later it recovered.
