This time the market drop is truly beyond my understanding.
First, there is the positive news of the Federal Reserve lowering interest rates and expectations of balance sheet reduction,
Second, there is the expectation of the China-US talks either canceling or reducing tariffs,
Third, gold, US stocks, and even A-shares are surging wildly.
Why is the cryptocurrency market crashing instead, with many altcoins even plummeting? I genuinely do not understand. Is there any expert who can offer some insight?
BTC
90,699.99
+0.46%
ETH
3,126.41
+2.28%