$BTC Butterflies have flapped their wings on the East Coast, there could be a tsunami in Los Angeles, The famous butterfly effect, the capital market is common, non-agricultural ignited the economic recession of panic, market sentiment is common, once the panic began to spread, it will soon spread to other markets, cycle, until the profit empty out! As stock markets around the world fell, investors rushed to buy options to protect themselves from further selling.

Cryptocurrency, also a river of blood, under the nest, how can there be a complete egg? BTC's highest decline of 19%, short-term fell below the mark of 50,000 lines, ETH fell 25%, ether has all the gains this year, all fell back. The global more than 200 thousand people burst positions, burst positions amount of more than 1 billion U.S. dollars, the long has been cleared, the encryption market total market value fell short of 1.9 trillion U.S. dollars, is now reported at 1.905 trillion U.S. dollars, a decline of 16.1% in 24 hours.

The non-farm is the fuse of this round of big black swan, but the root of the problem is in the Fed, the Fed insists on not cutting interest rates, the Fed continues high interest rates to make the global financial market miserable, corporate bankruptcy, bankruptcy, weak job market, unemployment rate is constantly rising! The recession caused the market to speculate about the financial crisis, and the market had to sell these risky assets, and once the panic began to spread, the rest was how to survive.

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