Today’s Crypto Market Slump: Here’s What’s Driving the Decline

Check out the link for free Bitcoin trading signals: https://telegram.me/btctradingclub

The crypto market dropped after Bitcoin immediately turned away from its all-time highs above $108K ahead of the Fed rate decision.

The cryptocurrency market took a hit today, with the total market capitalization dropping by around 3% to about $3.65 trillion on Dec. 18.

This sudden plunge has left many investors scratching their heads, trying to understand the core catalysts behind this downturn and whether more losses are on the horizon.

Bitcoin leads the market slump

74% Profit on #XRP/USDT for our Premium Members on Binance Futures/Bybit/OKX & KuCoin

Our members enjoy continuous profits on Futures, OKX, Bybit, and KuCoin.

We are committed to providing top-quality signals to the trading community. Trading on Binance is highly profitable, and traders worldwide recognize its potential.

Join our Binance Group to be part of the leading Binance Trading community, just like many other traders.

Come and be a part of our Binance Group and profit with the Binance Futures BOT.

Comments

Post a Comment

Popular posts from this blog

AI altcoins are pumping!

Image
Visit us for crypto trading strategy, world class Binance Futures Bot, Futures Leverage Bot, Binance Futures and assistance on crypto trading – https://t.me/binancefuturesignal On this week’s episode of The Market Report, Cointelegraph’s resident experts discuss artificial intelligence altcoins, what they are, and whether they could lead us into the next bull market. Big profits made from  this Binance Futures call Binance Futures Bots are performing very well and our Binance Futures members are making money. These truly makes us one of the Best Binance Futures BOT in trading Market. Make profit on Binance Futures by using our Signals and Bot. Join our FREE Binance Futures Group and enjoy Profit.
Read more

$60K Bitcoin slump caused by cascading long squeeze

Image
Visit our platform to discover crypto trading strategies, access our premium Binance Futures Bot and Futures Leverage Bot, and get assistance with your crypto trades - https://telegram.me/freebitmexsignals Download our free app to receive trading signals directly on your mobile device - https://play.google.com/store/apps/details?id=com.signalBroadcaster.FreeProfitableSignals An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to Bitcoin analyst Willy Woo. A “cascading long squeeze” of Bitcoin could explain the asset’s recent drop to 53-day lows as miners continue to sell, according to a Bitcoin analyst. 40% Profit on #TON/USDT for our members on Futures/Bybit/OKX/KuCoin Our free signals on Telegram consistently lead to substantial profits. In 2023, we're the top Crypto Signals service on Telegram, featuring advanced Trade Copier for Bitmex, Bybit, and Binance futures using the Cornix Bot. Our Trade Copier, driven b...
Read more

Ethereum ETF Launch Sparks Investor Concerns Over Sell the News

Image
Get Daily altcoins signals and trade with the professionals trading strategy – https://telegram.me/binancefuturesignal Kaiko’s latest analysis suggests that Ether’s price will be sensitive to spot ETF inflows, given the low demand for futures products back in late 2023. Following weeks of adjustments to registration statements, several spot Ethereum ETFs have been approved and will start trading on Tuesday. Ether’s price has not experienced any significant changes so far. Kaiko suggests that in the coming days, the crypto asset will likely be “sensitive” to inflows from spot ETFs, especially given the tepid demand for futures products in late 2023. Traders also seem to be preparing for diverse outcomes. Wonderful words from our members Thinking of using Cornix trading bot? If yes, then get ready for setting the standard for automated trading. Automate your trading based on our Telegram signal groups. Let the Cornix mobile app and Telegram bot do trading for you at anytime, anyplace. We...
Read more