In today’s evaluations, we have written that crypto currencies may experience deeper losses in the future. The article was prepared, and ETH decreased below $ 1,700 with the loss of $ 82,000. So what is the cause of the fall and expectations?
Why do crypto coins fall?
Before Adding Additional Taxes Trump Moderate messages and reconciliation signals were expected from the front weekend. However, contrary to expected, Trump continues to be determined and good news did not come. This means that the tariffs will come into force. After the tariffs that come into force, we will see that the EU and others have made retaliation decisions like China. These explanations caused a new vicious circle of Trump Additional rates will cause the description.
When February, we have seen how ridiculous retaliation has turned into something ridiculous. As a result of mutual tariffs that will increase continuously, stocks can make deeper bottoms this week. Even the fear of this can allow stocks to be opened on Monday with a loss of around 5 percent again. Of course Crypto Coins This scenario is preparing, albeit delayed.
In the coming hours, we can see long upper wicks, especially below the lock support levels. However, the real bottom, if softening messages do not come, if we do not see bargaining statements will be in the coming days. Volatility for crypto money markets now begins.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
