Today Jan 11, 2021 we see on CoinmarketCap a lot of crypto prices going down. According to Bybt, approximately $ 2.4 Billion of cryptocurrencies have been sold or liquidated (into money), the largest selling amount being Bitcoin around $ 1.4 Billion. Over the past 24 hours the sales volume on Binance has plotted around $ 903 Million, at Huobi $ 523 Million, and Bybt around $ 494 Million.
This correlation can also be seen from the movement of the last three candlesticks to this day. It can be seen that on the spot market, when the American Dollar was up for the past three days, Bitcoin was seen to be going down, which brought the majority of the crypto market to fall with it. So what do you think, whether the crypto market will rise again or fall as a result of more and more selling crypto (Bitcoin).
This correlation can also be seen from the movement of the last three candlesticks to this day. It can be seen that on the spot market, when the American Dollar was up for the past three days, Bitcoin was seen to be going down, which brought the majority of the crypto market to fall with it. So what do you think, whether the crypto market will rise again or fall as a result of more and more selling crypto (Bitcoin).