5 Reasons Bitcoin and Ethereum Plummeted 15% in a Single Day By Cointelegraph


5 reasons why Bitcoin and Ethereum plummeted 15% in a single day

The price of (BTC) and Ether (ETH) fell 15% and 20%, respectively, on April 23, when the cryptocurrency market was engulfed in a major correction. Five factors likely caused the price of Bitcoin and Ether to fall sharply in a single day, including the massive sell-off, an overheated futures market, the decline in the Kimchi premium, the whale sale, and concerns about the plans. prosecutors for the president of the United States, Joe Biden. Binance BTC futures open interest. Source: BybtSouth Korea Premium Index. Source: CryptoQuantWhales selling their funds. Source: Material Indicators Continue Reading on Coin Telegraph

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