It was not a good day for the Crypto market and also for the stock market and the reason why I am saying it because we can see blood bath everywhere. The entire market it showing in red colour and I am talking about specifically the cryptocurrency market. No matter what coin you pick up today but it is showing in red colour only and its all because of the crash that we have seen in today's cryptocurrency market.
This is the biggest ever crash we have ever seen in terms of value in this market and such a big amount has been wiped out in just a matter of one day and this amount is approximately 700 billion US dollars. This is a very big amount and like I said that this is the biggest ever crash that has happened in one day and it is even bigger than ftx and Luna crash.
So the question is why did it happen and what is the reason behind this crash and the answer is it is because of the tariff change proposed by the US government. there have been a lot of discussions on this and this is also part of the news that us has increased tariff for some of the countries which is going to impact on import and this is what that has impacted the market to godown and this blood bath in Crypto and stock market is because of this reason.
It is a good opportunity to buy more coins that you have been tracking since long and if you look close leave then you will observe that some of the coins have also recovered a bit which will be happening more in the coming days. Generally this type of buying opportunity comes once in a year or something so undoubtedly this is a great opportunity for anyone who is ready to invest in the market. If your goal is for the long term then I don't think there is anything for you to worry about and just keep some patience because soon or not things we will grow and your both for your will also be turning green.
Thank you so much for stopping by and if you like my content, please vote and share your thoughts in the comments section.
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Upvoted! Thank you for supporting witness @jswit.
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It is an informative post of The market bloodbath
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Thanks
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Tasks done-
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Such situations are the real test of all your studies. While most market participants are in panic mode, some smart patient traders and investors look at these market falls as opportunities and make huge profits by buying good tokens at cheap prices. : )
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