The first day of December opens with another market fall.
▪️Bitcoin ~ $86600
▪️Ethereum ~ $2,830
▪️SOL ~ $127
It is worth noting that there are no significant negative news.
The only issue is that China has tightened its policies on cryptocurrency, but this was already known as of Saturday and did not trigger an immediate response. The market seems to indicate again that sharp falls do not always require a reason; weak liquidity and a tense open interest structure are sufficient.
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The first day of December opens with another market fall.
▪️Bitcoin ~ $86600
▪️Ethereum ~ $2,830
▪️SOL ~ $127
It is worth noting that there are no significant negative news.
The only issue is that China has tightened its policies on cryptocurrency, but this was already known as of Saturday and did not trigger an immediate response. The market seems to indicate again that sharp falls do not always require a reason; weak liquidity and a tense open interest structure are sufficient.
#Cryptocurrency