Raffaele
Sun Jun 16 2024
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5 answers
1190
What triggered a sharp weekend selloff in crypto?
Could you please explain what precisely caused the sudden and significant selloff in the cryptocurrency market over the weekend? Was it a specific news event, a change in regulatory policy, or perhaps a technical indicator that investors reacted to? Did institutional investors play a role, or was it primarily retail traders who panicked and sold off their holdings? Additionally, how did this selloff affect the overall sentiment and outlook for the crypto market in the longer term? I'm interested in understanding the potential impact on both investors' confidence and the market's fundamental strength.
