Coupled with the launch of bitcoin futures, the launch of futures itself was born for shorting. There are more people shorting, and the market funds are very tight. It will also cause a big drop. ?
Another is that the currency price of the whole market follows the trend of Bitcoin, and there are also a few specific independent trends, such as Ethereum and Boca. Even if there is an independent trend for a while, it will be similar to Bitcoin in some time periods.
Digital currency plummeted, requiring large households and institutions to master the delivery rhythm. If you don't master the delivery rhythm well, it will also cause panic selling, unable to make better products and smash the plate.
Of course, there have been examples in the past. When a project party is doing a project, it communicates online. Because I sent too many tokens to a large number of users in the early stage, I pulled them myself later. As a result, it took a lot of money to pull the quotation, which was very difficult to pull. Finally, put yourself in, users are constantly selling, and the project party takes over.
Cryptographic currency limit.
On the evening of May 19, Beijing time, European and American stock markets were extremely agitated. The Stoxx 50 index in Europe once fell by 2%, the US stock index plunged across the board in early trading, and the panic index soared 15%. After the opening, the three major indexes of U.S. stocks fell at an accelerated pace, reaching 22: 17, with the declines all around 1.5%.
At the same time, international oil prices have also fallen sharply, with the oil distribution falling by more than 2%. WTI crude oil futures once fell by more than 4% in the day, refreshing the low since April 27 to below $62.80/barrel. Judging from the trend of US Treasury bonds, the rise in the yield of 10-year treasury bonds also means that the treasury bonds are falling.
The most concerned is the decline of cryptocurrency, which can be described as a massacre. Bitcoin once plummeted by 27%, Ethereum plummeted by nearly 37%, and EOS and Ada coins both fell by nearly 50%.