Everybody is wondering why #Bitcoin and #Altcoins are going down 🔻🔻
There is no major news or FUD that caused the market dump.
As we all know, US employment data came yesterday.
And the data came in higher than expected.
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It means that the job market is strong.
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People will spend more money.
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Inflation will go high.
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The #FED will again delay the rate cuts, which is not good for the market.
It caused panic in the market; that caused more liquidations, which led to more price drop.
