BREAKING CRYPTO NEWS! WHY IS CRYPTO DOWN! IS CRYPTO CRASHING!

    so why is crypto down we’re going to
    talk about that today it’s overall moved
    down pretty dramatically before we come
    back to this let me show you kind of
    where we’re at uh crypto is down to uh
    you know 4.3% down that 2 trillion 360
    billion Mark over a hundred billion
    dollars of market capitalization has
    been wiped out in the last 24 hours or
    so and you can see everything is
    bleeding bitcoin’s down four uh just
    about four ethereum’s down almost four
    almost almost uh 5% Lana bleeding big
    time uh Dogecoin down eight ton almost
    10 uh shibs down eight everything
    Avalanche and a lot of times what I do
    guys is I come and look at this and what
    I do is I Resort on that 24hour let me
    show you what I’m talking about so just
    FYI this is something I do every single
    day multiple times a day so you see when
    I come to coin market cap it list in the
    top one you know this is the top 100
    which you can change by the way you can
    look at top 200 or whatever you want to
    show uh top 100 and then I’m looking
    kind of everything going on but then
    I’ll sort on the 24hour and I’ll look at
    this so what I also when sorting on the
    24-hour what it takes is that top 100
    coin market cap listings and it says
    this is the top gainer in the last 24
    hours so look Tron is only up 1% and
    it’s the out of the top 100 cryptos
    including Bitcoin or E ethereum the the
    number one Gainer is only up 1.5% what
    does that tell you lots of money leaving
    the crypto Market a lot of volatility
    going on and The Biggest Loser users as
    far as percentage moveed down the top
    100 are down 15 16% you can see right
    there okay so you know whiff uh Jupiter
    so forth and so on all right now just a
    little side note so what’s going on look
    this is more of the same okay so you
    don’t have to look any further than this
    title to see okay geopolitical tensions
    what is that referring to Israel and
    Lebanon let me show you another
    indicator look at stocks too yes I know
    this is a crypto video but you also need
    to sometimes zoom out and look at the
    macro look at what’s going on on the
    world financial stage and what’s going
    on on the world financial stage as of
    recording this video is a lot of a
    turmoil a lot of red let me show you
    this you can’t see this because I’m
    covering it up let me move the picture
    of me up right here look on the right
    hand side see it says markets now I’m
    recording this before the stock market
    is opened look at the Dow futures down
    217 look at the NASDAQ futures down 170
    now there’s a lot of stuff going on over
    here like meta um meta forecast spooked
    investors um you know that’s this is
    mostly having to do with meta but again
    people look at big companies like meta
    faceb and they go oh my God if they’re
    having problems then it must really be
    really big blah blah blah blah blah and
    I own a bunch of money and stocks and
    things of that nature so I look at this
    all the time but my point to you is is
    that sometimes look at what’s going on
    in the other Financial landscape okay so
    not not necessarily what’s happening in
    in stocks impacts crypto but it is more
    of the overall kind of tensions we know
    this right Israel Lebanon the risk the
    uncertainty I’m not minimizing you know
    the uh the the bodily injury risk there
    things of that nature U this is going on
    to the samur I can’t I W not going to
    pronounce that right Samurai samuray
    wallet arrests um um post having
    volatility this one’s a Big E we’re
    going to talk about this one all lot I’m
    G to get tired of talking about it
    you’re going to get tired of hearing
    about it but that’s where we’re at we
    have we have kind of a kind of a mixed
    bag of stuff and a lot of capital 100
    billion plus has left the crypto Market
    in the last 24 hours okay so is this a
    crash is this is the is the crypto
    Market crashing no I mean I I wouldn’t
    say that this is a crash I would say
    that this is a pretty big move down uh
    in line with uh you know the overall
    tensions and everything I’ve been
    talking about in this video but more
    importantly opportunity right I mean
    look at this one I’m just going to say
    this
    is on a 9% discount as an example right
    so I mean pick your opportunities ask
    yourself that big question I I I tell
    you to ask yourself all the time if you
    believe in crypto if you think crypto is
    going to be bigger and I’m talking about
    that number right there if you think
    it’s going to go up down the road
    today’s a good day I mean from a from a
    you know Silver Lining you know Finding
    opportunities maybe you’ve been waiting
    to go put some money in salana or uh
    dogecoins down seven you know percent
    tcoin excuse me cardono down five sheu
    down eight sneeze now Avalanche down
    nine so forth and so on um if you are
    looking to get in DCA in just do a
    little bit don’t go all in today because
    we probably got some more downside risk
    here we’ve got that POS having
    volatility but I’m going to I’m going to
    give you something good to think about
    here okay um this is a chart I show all
    the time it’s wrecked Capital love them
    over on on X Twitter and really want to
    focus you on 20 20 right here see that
    pink box then moving in that green box
    the pink box is where we’re at now we’re
    over here in 2024 but showing you in the
    pink box we’ll have we’ll have some
    volatility we’ll have some call
    consolidation we’ll move up we’ll move
    down so forth and so on that ping box is
    going to last us until September October
    and then and then after that we get into
    the green box and all the fund really
    starts so September October is when the
    fund starts historically we’ve seen
    Bitcoin back in 2016 17 we saw Bitcoin
    go from about $500 to uh1 15 ,000 o just
    lost my lights all right they’re excited
    toif to 15,000 in 20 20 U 21 cycle we
    saw Bitcoin go from about 11,000 to all
    the way north of 67,000 so in this cycle
    we’re going to see Bitcoin go from
    60-ish th000 where it’s rly at now to$
    155
    $200,000 there you go okay so links in
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    BREAKING CRYPTO NEWS! WHY IS CRYPTO DOWN! IS CRYPTO CRASHING!

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    My name is Austin Hilton and on this channel I teach you about personal finance and crypto investing. I work hard to bring you the latest crypto news, Bitcoin news, and crypto price predictions. I have two goals with this channel – to keep you updated with the latest crypto news today and to help you make more money in crypto.

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    7 Comments

    1. If crypto is decentralised.

      Doesn't import or export anything , So no supply chain issues.

      Not buying or selling anything so not affected by currency fluctuations.

      Why would geo political uncertainty impact price ?

      If anything , investors would be moving from equities into crypto at this time.

      More probable is profit taking from previous upward momentum..

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