Dip in the market this last 24 hours, what could be the reason

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    blockchitchat

    Published on Sep 20, 2021
    About :

    Well, it cannot described as a huge dip in some opinions, but it is still a dip and money has been lost in the market in the last 24 hours.

    Bitcoin has gone down at least 7.5% trading against the U.S dollar/USDT and a few other popular coins have also taken a hit including Ethereum, ALGO, EOS have all gone down at least 9% also trading against the U.S dollar/USDT.

    Even HIVE wasn't left out with about at least a 14% dip trading against the U.S dollar/USDT.

    This begs the question at least from our part, 'will the dip continue into the following days?'.

    In order to answer that pertinent question, we first must understand the possible reasons for the dip.

    This video explains three possible reason for the market sell off we have seen in the last 24 hours.

    This video was curated from Digital Asset News

    Tags :

    palnet crypto blockchain leofinance cryptocurrencies neoxian technology trading finance investing

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