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crypto doing a lil dip?? 📉 3 reasons why your bags are crying rn:
1. market cap down by $140b 💸
why is crypto down today?!? is it time to buy the dip or panic sell and go all in on NFTs 📉
Exaggerated market conditions, macro-events, and a sudden influx of liquidity in speculative assets are driving the current market pressure, leading to significant drops in
Key notes:
– Bitcoin, Ethereum, and many altcoins experience significant drops 📉
– Global crypto market cap decreases by almost 3%, wiping out around $140 billion 💸
– Market pressure due to exaggerated market, macro-events, and sudden influx of liquidity in speculative assets 📉
BTC and ETH facing pressure:
– BTC aims for $130,000 and ETH for a new 2021 peak but struggle due to various catalysts 📉
– ETH was close to a new all-time high while BTC reached $124,457 on August 14 💰
Why is the crypto broken down today? 3 Best lowering drivers
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