nasarkhan09
Wishing prosperity for all
Open Trade
High-Frequency Trader
5.2 Years
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106 Followers
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$BULLA the mighty crash that ruined many souls ...may those affected recover soon and heal ❣️🙏
my sincere prayers
my sincere prayers
$RIVER I waited for low risk entry and even then it's hammering me 🤣.
any idea where can it bottom
any idea where can it bottom
B
RIVERUSDT
Perp
Closed
PNL
+4.42USDT
the price action is choppy but convicted patient entry can bear results
B
CYSUSDT
Perp
Closed
PNL
+19.42USDT
The reason behind market crash: key points
Binance News
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Market Turmoil: Factors Behind Last Night's Sharp Decline
PANews posted on X (formerly Twitter). Last night's market downturn was driven by several key factors. Rising geopolitical uncertainties, particularly in the Middle East, contributed to the instability. Additionally, Microsoft's earnings report led to a sell-off in the tech sector, with Azure's slowing growth causing the company's stock to drop over 10% during the day. Precious metals, which had been at historical highs, experienced a significant pullback. In the crypto market, the combined pressure from the U.S. stock market and precious metals resulted in a high-leverage sell-off, with Bitcoin falling below $84,000 and nearly $1 billion in liquidations occurring within 24 hours. These elements combined during the same trading session, creating a short-term liquidity vacuum across assets.
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