People are wasting their time with bugging out about the price of BTC losing. It's nothing. The price lost like -12%. If someone bought at the peak the price is down like -25%. Compared to all the super inconsistent tokens, memes, and thought bubbles of people creating small and micro cap strategies behind cryptocurrency others. Cryptocurrency has a problem with all the ideas following the movement and price of BTC. Either the people who invest in BTC are also heavily invested in alt coins, tokens and memes, or the real truth; there is no way large institutional banks are invested in most of the tokens. Tokens should not be so easily knocked down. How many years are we going to see the inconsistency of tokens and alt coins before the world of cryptocurrency investors remove the framework where people tend to believe BTC controls the prices and movements of all cryptocurrency. BTC lost a tiny amount compared to the larger losses continually accruing by miniscule cryptocurrency market caps.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.