Virtual currency plummeted across the board
in the current situation, blockchain is not a mature technology. What the market values is the so-called prospect, and it will take time to improve and excavate it slowly. However, the collapse of virtual currency is just a return to its own value
in short, I think bitcoin will continue to grow slowly after falling below a certain price. The current slump is just that the funds attracted by the previous heat have discovered the characteristics of virtual currency (hacker attack, dealer trading, these two situations will probably only appear in the newly issued currency, which is determined by the characteristics of blockchain, in other words, Hackers may also attack bitcoin in the early stage, but the more people and nodes bitcoin enters, the lower the probability of this situation, and the more difficult it is to generate)
in addition, I think that a large number of people in China even don't know what bitcoin is, so they are ready to make a fortune with money.
in addition to being depressed by profit taking, worries about the order processing capacity of Ethereum also contributed to the sharp drop in the price of this digital currency. Last week, the price of Ethernet currency once "collapsed", falling from more than $300 to 10 cents in a few minutes because of the network congestion caused by too many orders.
the current price drop of virtual currency means that some people take advantage of the good news to push the market up, and then take the opportunity to ship , if large customers ship , the market price drops directly , if several large customers ship at the same time, then a big drop will be formed
in addition to the launch of bitcoin futures, the launch of futures itself is for short selling. With more short sellers, the market is very tight. It can also cause a big drop
another is that the price of bitcoin in the whole market follows the trend of bitcoin, and there are very few specific independent trends, such as Ethereum and Boca. Even if there is a period of independent trend, it will be similar to bitcoin trend in some periods
the collapse of digital currency requires large enterprises and institutions to master the delivery rhythm. If the delivery rhythm is not well mastered, it will also cause panic selling. Instead, there will be no better delivery and the market will be smashed
of course, there were examples before. When a project party was working on a project, it went online. Because too many tokens were sent to a large number of users in the early stage, and then they pulled the order by themselves. As a result, they spent a lot of money to pull the order. It was very difficult to pull the order. Finally, they put themselves in. The users were constantly selling, and the project party took the order
cryptocurrency goes down
on the evening of May 19, Beijing time, the European and American stock markets are extremely unstable. The European Stoxx 50 index once fell by 2%, while the U.S. stock market index fell sharply in the early part of the day, and the panic index rose by 15%. After the opening, the three major U.S. stock indexes accelerated their decline, with a decline of about 1.5% as of 22:17
at the same time, the international oil price also showed a sharp drop, with the price of Buyou once falling by more than 2%, and WTI crude oil futures once fell by more than 4% in the day, reaching a new low below US $62.80/barrel since April 27. Judging from the trend of US Treasury bonds, the rise in the yield of 10-year Treasury bonds also means that Treasury bonds are falling
the biggest concern is the decline of cryptocurrency, which can be described as a bloody market. Bitcoin once collapsed by 27%, Ethereum plummeted by nearly 37%, and EOS and adacoin all fell by nearly 50%
Virtual currency has been very popular for many years. It has also attracted many people to the arena of the currency circle, hoping to get the first pot of gold
in the past, there were various types of virtual currency, and all kinds of coins emerged in endlessly, such as mining gold coins, and then entered the platform of the coin circle to exchange bitcoin or money{ RRRRR}
and musk also has a strong motive, he is manipulating this kind of market behavior, although there is no evidence for this kind of currency, we have to say that musk still has this suspicion
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