Despite the fundamentals, there are three reasons why crypto is selling off: interest rate BOJ, DeFi hack, and Operation Choke Point 2.0.
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Despite the fundamentals, there are three reasons why crypto is selling off: interest rate BOJ, DeFi hack, and Operation Choke Point 2.0.
You left out institutional profit taking. Now that crypto is getting the wide adoption everyone foolishly wished for, it's going to be subject to the same artificial boom and bust cycles that the big money players use in every other market.
That's what the YouTuber said.