The Crypto Market Is Falling Right Now!!! Buy Now Before It Explodes!!!

The Crypto Market Is Falling Right Now!!! Buy Now Before It Explodes!!!

what’s up you guys it’s Matt here
welcome back to another video now in
this one I want to go through actually
an update for the crypto Market I
haven’t done a live stream in a little
bit it’s been tough to get to live
streams uh I’ve really only had maybe 20
minutes here 20 minutes there it doesn’t
make sense for me to try and go on for
30 minutes or an hour when I just don’t
have the time so I apologize uh for all
the people that are expecting live
streams and they just can’t get them I
really do want to go um and go live but
then it’s literally to the minute to
where I I can choose to do it or not do
it um but then you know we have those
breaks where it’s like I I can’t right
so I apologize for the people that are
expecting one but we will get back to it
at some point um we will also have these
live streams on patreon as well but
obviously if I can’t get to the ones
that are on YouTube I can’t get to the
ones that are on patreon either um it’s
just been really really busy for me and
uh with the kids and all that stuff so
anyways let’s get into the market let’s
give you guys a breakdown on exactly
what’s happening with the market uh some
news related to it and um you know go
into my feelings on where we stand with
the market right now guys if you could
make sure you hit that like button hit
the Subscribe button and hit the
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videos also make sure you check out some
of the links down below it does help out
the channel and while the market is kind
of sliding a little bit um it makes
sense to have a platform to where you
can actively trade trade I have a
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guys can trade as much as you want um I
do get a little Kickback from you
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use that link down in the description
and uh support the channel in such a big
way uh does help out a lot but then also
if you want to actively trade and and
understand charting and all this stuff
you can actually do that a lot better
with Marx I’ve had the most success with
Marx rather than coinbase and and cin
and all these other platforms that I
used to use on a regular basis for day
trading and swing trading but yeah this
is definitely a great platform anyways
let’s talk about the entire Market
because again like I just said the
market is sliding a little bit we’re
seeing that um the market is down to a$
2.31 trillion market cap it’s down 2.55%
on the day bitcoin’s dominance as you
can see at the at the top of this page
here it’s at
53.2% so we’re still not seeing
bitcoin’s dominant slide and that’s what
we’re kind of hoping for is altcoins to
pick up but Bitcoin seems to still be
the driving factor into wherever
everything is going and um you know
whether it’s related to the ETFs or
related to more adoption or related to
just support in general the only two
that the US government has well
technically they haven’t supported xrp
as not a security but legally it is not
a security right and then you have
Bitcoin um being being praised as the
only cryptocurrency that’s not a
security so those are the only two that
have that that clearance I would say uh
everything else doesn’t have full
clearance and they’re saying everything
else is a security besides Bitcoin and
obviously legally xrp um so with that
being said you see a lot of it flowing
through Bitcoin and and hype and belief
and all that stuff but you also see some
connections there with ethereum when it
comes to the ETFs right and um and and
that right but let’s go into the rest of
the market see where things are uh
Bitcoin is currently down by 1% you’re
seeing ethereum that’s down by 4% so the
next best thing in the market is only
down is down by 3% more than what
Bitcoin is down obviously you’re going
to see bitcoin’s dominance either stay
the same or increase honestly so I don’t
know if it has yes it has increased by.
35% so yes we are seeing the Bitcoin
dominance uh decrease because of the
fact that a lot of all coins are maybe
getting hit a little bit harder than
what Bitcoin is and it’s understandable
because the ETFs create strength they
create they create stability and have
traditionalists that are investing into
it and that’s the reason why right it’s
the um basically time in the market
beats timing the market mentality so
they’re going to keep investing into it
and hold it for a longer period of time
no matter what happens and average into
it just like I do with a lot of my
positions I average into them or my
dividend portfolio or my ETFs I I
um average into those plays if they come
down I’m buying into them if they go up
I’m buying into them it doesn’t matter
I’m continuously adding more in there U
B&B is down by 2% salana is down by 5%
down to
$134 uh you see um xrp that’s down to 51
cents it’s down about 1% on the day so
that’s kind of hovering in line with
Bitcoin let’s just say because those two
are not Securities right um as far as
you know
legally um Dogecoin is down to 14 cents
uh I remember I believe that was up to
what 20 cents at one point that’s crazy
how far that’s dropped um Ada is down to
or it’s down by 4% down to 45 cents as
well shibainu is down by 5% uh down to
000023 Avalanche down by 3% Tron by by
about 2% 4% for polka dot 4% for Bitcoin
cash uh 1% for chain link uh we see
Litecoin that’s down by
1.5% down to $83 there internet computer
also down to about $13 uh let’s uh let’s
sort by the top right what’s moving the
most in the um in this market we got h&t
that’s up about 7even or 8% uh SEI
that’s also up about 4% Wormhole that’s
up about 2% that has been making a move
recently I’ve been uh getting tempted to
uh get into it but it’s it’s up to a
billion dollar market cap so you also
have Athena that’s up by 1% it doesn’t
seem like many other things are up uh
good to see Kronos is kind of holding
strong in this type of Market um let’s
look at some things that are dropping
the most in the top 100 we have maker
that’s down by 10% optimism down by um
uh 9% and uh I guess you can’t be
optimistic about that right um we have
cfx that’s uh down by 9% AR that’s down
by about 9% core about 9% 8 % for
starnet or Stark net and then arbitrum
is also down Celestia has dropped quite
a bit that was a a position that I ended
up making profit multiple times and now
that it’s down to $10 it’s actually not
a bad price to get into this play um I
would like to check out the dilution to
understand because I know they do have
um a heavy amount of dilution but I
think they have a process for it so I
would like to check that out a little
bit more you also see dog with hat uh
instead of being at a $4 billion market
cap it’s now at a $2.5 uh billion market
cap uh let’s look at some things that
are going on um in the crypto World well
we have a Hong Kong spot um ETFs right
we have a debut of you know I guess six
things to know about it you have a debut
of the ETF there um uh curent wait the
cryptocurrency community is eagerly
awaiting the um a significant industry
uh event as Hong Kong is uh poised to uh
launch trading for spot Bitcoin and
ether exchange traded funds on April
30th now it is April 30th in Hong Kong
right now um I don’t know exactly when
at what time they’re going to be doing
it or if it’s April 30th today and it’s
supposed to be the um uh the first for
them is that is that how that’s working
but the point is is um they’re launching
a uh Bitcoin spot ETF as well as ether
exchange traded fund um um there and I
feel as though that’s big because we
don’t even have a um a ether exchange
traded fund we don’t have an ether ether
ETF at all I believe one or multiple in
the works but I’m not sure if they got
denied or or anything like that but we
don’t even have that so it’s definitely
something big for the market shows that
level of Support over there as well as
you know within the within those same
positions it’s not like they’re
different markets here they’re different
countries but not different markets
we’re in the same uh Bitcoin here we’re
in the same
ethereum there so that’s big and
typically when you see these things
happen you see a drop off right from the
start and you may see it absolutely pick
up because of that thing that’s going to
happen um we saw it happen with the
actual launch of the Bitcoin ETFs where
um when action started we saw it really
really pick up but then we saw a dive
after it increased by too much so that’s
something we need to look out for and
honestly it’s basically saying you know
you need to check this video out or
watch this video before 8:30 tomorrow I
was thinking about changing that title
to that I don’t know if I’m going to at
at this moment but um just wanted to do
a simple update and then you also have
the SEC apparently our uh government is
just just hating crypto the SEC is
considered ethereum as a security for
extended period I mean it’s just
ridiculous to see like more and more SEC
drama you know the SEC attacks Ripple
the SEC attacks uh Unis swap the SEC
attacks metam Mas SEC attacks binance
and coinbase and and um Gemini and and
Kraken and it’s just so many different
projects and exchanges and just not
believing in crypto or just want to be
completely left behind I don’t
understand it I really don’t and it
creates negativity because we have a lot
of money that flows into or out of the
crypto Market at a given time based on
some news that’s happening people will
day trade heavily if they feel as though
the markets are going to come back and
they want to capture their gains and
hold on to their gains um gains are not
going away for anybody that’s holding on
for the long term right anything that
shortterm you can um give or take away
thousands of dollars or tens of
thousands or hundreds of thousands
depending on how much you invest um but
like they say you know time in the
market beats timing the market and if we
time it the right way when it comes to
um when it comes to multiple years
rather than trying to time it every day
or time it every um every week or every
month or something like that like we
understand there are bull markets there
are bull cycles there are bare cycles
and as we go through those we got to
make sure that that’s the only timing
that we have unless you have a forever
position then you just keep it in there
and you just keep money in the markets
which I plan to do either way but the
point is that um I think the the SEC
just continues to create drama create
negativity and I don’t know for the life
of me what reason but uh the crypto
Market is sliding right now we may see
it pick back up and I hope we see it
continue to pick back up or we hope we
see it pick back up um you know with all
of this news and and the break of
Bitcoin and ether spot ETFs for uh Hong
Kong here it’s honestly huge news and I
think we should have a separate video on
it but I was like ah I don’t have the
time for that so hit that like button
guys hit that subscribe button hit that
notification Bell for more of these
videos also make sure you check out any
of the links that are down below it does
help out the channel a lot um I’m going
to get out of here again thank you and
I’ll catch you guys in the next one see
you

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