The Crypto Market has turned Red after Binance and SEC News
Hello Everyone,
I am good and I hope that you are doing well. Today in this video I have talked about the current market situation after the news update shared by SEC related to the lawsuit against Binance. This news has affected the market negatively and we can see the impact in the prices going down for almost every crypto coin. the Crypto market is driven by news updates so if there is negativity around the same we can see the prices and if more positivity then appreciation can be seen in the market this is how things work in the cryptocurrency market.
I think this is not a surprise about this news because somewhere it was expected as we have seen in the last couple of months how SEC is working. The exchange has already clarified that they are going to provide all the information to the authorities and they will fight the case against SEC because they are not going to give up and they will do whatever is needed.
Its important to track the market update in this situation when there is a lot of negativity and I still believe that crypto is not going anywhere. If you get to see some opportunity or buying then go for it provided you follow the long-term goal because things might take some time to recover.
I hope you like this video and that the information I have provided is helpful for you.
Thank you so much for your time
Have a great day
▶️ 3Speak
Yes bro crypto. The crypto market is driven by news updates, it is rightly said that there are some big people who want the market to fall so that they can buy cheaply. Earn more profits. That's why those people do such work. But we do not need to panic. Just have to be patient.
absolutely brother and this is not the first time you have seen this type of news in the market and probably not the last because it keeps on happening. It was June month last year when ftx news came out and market was in shock and now again in this year in the same month we have this negative news around us. Yes just need to be patient
bada he bura haal hao sir ji, kuch na kuch aane mai he hai. pata nhai sahe wala pump kab ayega. 🙃
Bhaiya Intezar Ka fal Meetha Hota Hai..
Thoda Sabra rakho, Dukh ke Badal chhatenge Jarur.🙃
bilkul sahi kaha bhai
ye sab chalta rhata hai.. kuch time ruko fir dekhna sab sahi ho jayega.. aise pahle bhi hua hai bahut bar
Haan bhai bahut time se nahi aaya aur hive intezaar mein sookh sookh kar aam se aam papad ho gaye hain
Most countries are Scrabbling out crypto. It will take a miracle for it to revive but it will. Like you wrote it is not going anywhere
It make take long time time to recover but since its not going anywhere so we will see it growing surely.
Yes it will grow back to what it use to be its just a matter of time
Bhai bhai bhai. What this happening? Are we going to initial stage when the price of this token (steem) was about ten cent.
I don't think that give price will down till 10 cent.
In this week I was thinking to purchase doctor Blight burning hive. Seeing the red market I am thinking to delay. Is this appropriate time to convert my Hbd into hive,
Wait for some time and I also think that its better to convert HBD to hive and I even did some this morning. I dont think that it is going to 10 cents but its crypto so nothing can be predicted accurately.
SEC is always against crypto and we can't underestimate the CZ because he is know how to do business and how to save his business. I am not doing panic but the only thing that bothers me is that when Bitcoin shows positive moves altcoins are not but when Bitcoin goes down, altcoins start bleeding. I hope this will be over soon.
the current situation is full of negativity but I still believe that CZ will manage the situation and binance will survive. BNB price is low and I also think that the token will survive and it is not the time to get panic instead keeping a close eye is important to see how things are turning up .
A lot of people react based to what they see online about any cryptocurrency news.
That is what drives a lot of people to buy and also to sell
Absolutely dear I am also astonished to see that prices of all the coins are getting low.But as you said it is not end of crypto.We are hopeful that things will get change and market will be green soon.