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RE: Bitcoin and cryptocurrencies tank, why?
I think its just a dip due to fear of senate hearings but it will always be tough to actually see what drove the market down.
I think its just a dip due to fear of senate hearings but it will always be tough to actually see what drove the market down.
Yes, it is often tough to tell what caused the drop, but in this instance I think a liquidity crunch is likely a good guess as people seemed to want to go to fiat right about the same time.