Why did the market suddenly drop while it was rising?
A new coronavirus fear is emerging #China is warning that it could be dangerous enough to turn into a pandemic. However, the #Bybit hack is not the cause of the drop.
Right now, vaccine company stocks are rising in the market. But is this a threat to Bitcoin $BTC and crypto?
No, there’s nothing to be afraid of. The first reaction is usually a market drop, and it could even be a deep one, but this would be temporary.
Why? Because the whole world is on the verge of printing more money, and if that accelerates, we could see another liquidity boom like in 2020. This would fuel an insanely strong and profitable crypto bull run.
Let’s just hope there’s no real pandemic and this turns out to be just empty news.
Tell me your opinions 👇
