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Crypto

Cryptomarket Situation: Major Sell-Offs and Asset Inflows

15 Jun 2024by CryptoJazz Admin1 min read42 views
Cryptomarket Situation: Major Sell-Offs and Asset Inflows

💠Over the past 7 days, one of the market leaders lost about 6% in value, while the Nasdaq Composite continued to strengthen. Experts link this to the results of the recent Federal Reserve meeting.

💠Marcus Thielen, founder of 10x Research, believes that major sell-offs in the market are often initiated by traders without considering fundamental factors. This week, another notable event occurred: a wallet that had been inactive since 2018 suddenly transferred 8,000 bitcoins to the Binance exchange.

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