I didn't think tech stocks pulling back would hit us this hard, but watching crypto flush like this caught me off guard. It feels like an aggressive cleanup of greedy positions rather than a complete collapse.
Decrypt.co reported earlier today that almost $428 million in bullish bets got wiped out when $BTC dropped nearly 5%. That swift move completely wiped out the gains from the post election push.
Right now, the total value of all coins is down -7.82% since yesterday, bringing us to $2.56T. The sentiment index dropping to 28 shows that fear is definitely creeping back in, even as Bitcoin share of that value holds at 59.2%.
Are you looking at this dump as a spot to pick up discounted coins, or are you waiting for traditional markets to settle first?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto
Decrypt.co reported earlier today that almost $428 million in bullish bets got wiped out when $BTC dropped nearly 5%. That swift move completely wiped out the gains from the post election push.
Right now, the total value of all coins is down -7.82% since yesterday, bringing us to $2.56T. The sentiment index dropping to 28 shows that fear is definitely creeping back in, even as Bitcoin share of that value holds at 59.2%.
Are you looking at this dump as a spot to pick up discounted coins, or are you waiting for traditional markets to settle first?
NFA | DYOR #BinanceSquare #WriteToEarn #Bitcoin #Crypto