The market seems to be bleeding now, Bitcoin is only down by 8% at the moment but major altcoins are down double digit.
https://coinmarketcap.com/Will this be the start of the bear season?
We haven't witnessed a long and major dump this year yet, so seeing this might cause some panic especially on the altcoins holders as they are the ones who will significantly be affected since we know what would happen to altcoins if bitcoin struggles.
As per Binance exchange, the 24 hours low of bitcoin is $42500, so what's next?
https://www.binance.com/en/trade/BTC_USDTWhen you say its a huge dump, isn't it supposed to be 30k$ in price value? moreover, the market always unpredictable.
Besides, I've seen a lot of influencers who made a content about this matter and yet their prediction and explanation mostly
is not happening actually 100% even to the closest one. So, I don't know why did you say its a huge dump? please, enlighten me..