The crypto market isn’t facing any issues right now. The problem lies with the U.S. market.
Apart from the HMVP virus, there’s another major reason for the recent market crash:
👉 New job openings in the U.S.
You might think, “Isn’t more jobs a good thing?”
Well, not in this case. Here’s why:
If job opportunities are increasing in the U.S., there’s no need to reduce interest rates. This has led to a negative impact on the market.
But don’t worry! These are temporary issues and won’t last long.
For now, everything seems fine. However, if any other bad news comes up, the situation might change.