Crypto Crash Investigation ? What Caused the Cryptocurrency Crash"
We find out why, over the course of a weekend in May, the cryptocurrency market crashed and sent many investors into a frenzy.
The post Crypto Crash Investigation ? What Caused the Cryptocurrency Crash" appeared first on LUXUO.
Image Credit: Unsplash
?I accuse, Colonel Mustard, with the candlestick, in the drawing room.?
Anyone who?s ever played the classic whodunit murder mystery game Clue, will know that to win the game you need to get all your ducks in a row, eliminating all possible suspects and circumstances before you make an accusation.
Narrowing down the weapon, the suspect, and where the murder was committed form the basis of this board game that has (allegedly) continued to entertain millions around the world.
But if you?re not a fan of Clue, how about solving the mystery of the cryptocurrency market crash of May"
Was it a bout of that old market adage to ?sell in May and go away"?
Outside of the U.S. and Europe, hardly anyone is going away anytime soon, as the pandemic continues to rage unabated in some of the least inoculated countries in the world.
But a cryptocurrency crash needs explanations and demanding these explanations requires going through a list of possible suspects, settings and likely motives to make sense of the madness.
Was it Market Structure"
Photo by Executium on Unsplash
It?s been said that in the markets, the bull goes up the stairs, the bear goes...
The post Crypto Crash Investigation ? What Caused the Cryptocurrency Crash" appeared first on LUXUO.
Image Credit: Unsplash
?I accuse, Colonel Mustard, with the candlestick, in the drawing room.?
Anyone who?s ever played the classic whodunit murder mystery game Clue, will know that to win the game you need to get all your ducks in a row, eliminating all possible suspects and circumstances before you make an accusation.
Narrowing down the weapon, the suspect, and where the murder was committed form the basis of this board game that has (allegedly) continued to entertain millions around the world.
But if you?re not a fan of Clue, how about solving the mystery of the cryptocurrency market crash of May"
Was it a bout of that old market adage to ?sell in May and go away"?
Outside of the U.S. and Europe, hardly anyone is going away anytime soon, as the pandemic continues to rage unabated in some of the least inoculated countries in the world.
But a cryptocurrency crash needs explanations and demanding these explanations requires going through a list of possible suspects, settings and likely motives to make sense of the madness.
Was it Market Structure"
Photo by Executium on Unsplash
It?s been said that in the markets, the bull goes up the stairs, the bear goes...
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