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Author Topic: Why is tha crypto market down today ??  (Read 387 times)

Offline dhara

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Why is tha crypto market down today ??
« on: September 11, 2024, 12:16:21 PM »
Not only today, but every day, the makat goes up and down, sometimes going up, sometimes going down, in such a way that the crypto market cap has dropped by $40B following the US presidential debate.

 Bitcoin Nears Key $54,000 Support;   StarkNet's STRK token down 8%.

 The Trump-Harris debate saw no crypto mentions, which led to a drop in the Politify coin.  A decrease is usually observed several times.

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Why is tha crypto market down today ??
« on: September 11, 2024, 12:16:21 PM »

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Offline Ujok

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Re: Why is tha crypto market down today ??
« Reply #1 on: September 11, 2024, 12:30:01 PM »
It's no longer surprising if the market experiences an increase or decrease in prices, but I see that today the market has seen better price increases than last week. We are no longer surprised to see a market like this and there are many reasons for Bitcoin's decline, a website has explained a lot about all of this. Maybe now Donald Trump is still focused on facing the US presidential election process because it has not yet had an impact on the increase in Bitcoin prices. We will see in the future whether there will be an impact if Donald Trump becomes president or not.

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Re: Why is tha crypto market down today ??
« Reply #1 on: September 11, 2024, 12:30:01 PM »

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Offline erus

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Re: Why is tha crypto market down today ??
« Reply #2 on: September 12, 2024, 07:53:56 AM »
Not only today, but every day, the makat goes up and down, sometimes going up, sometimes going down, in such a way that the crypto market cap has dropped by $40B following the US presidential debate.
It should be like that because crypto is designed to be unstable and not centralized, anyone can have crypto. So, every day, hour, minute and second the price of this crypto always changes.

Bitcoin Nears Key $54,000 Support;   StarkNet's STRK token down 8%.
It is normal for altcoinst to drop in price because Bitcoin also drops in price. Bitcoin price is also still above $50,000 and that is still normal because it is not minus more than -60%.

The Trump-Harris debate saw no crypto mentions, which led to a drop in the Politify coin.  A decrease is usually observed several times.
I am not tied to them both to see crypto because there are still many other factors that can affect crypto up and down. But they have strong power to change the price of a crypto, I believe it will be a centralized crypto (and impossible)
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