Institutional comments on the trend of cryptocurrencies: From 13:59 Beijing time until the opening of the European market, Bitcoin faced some heavy selling pressure, but there was no obvious catalyst. At 13:59 Beijing time, Bitcoin fell by more than 2% in a few minutes, while Ethereum followed suit with a 5% decline.
Other cryptocurrencies have also been affected, meaning that the entire crypto market seems to have been affected. For example, SOL fell by 7% in just 3 minutes. None of this happened with a clear catalyst. From a larger perspective, Bitcoin has just dropped to the key level of $111,900, which has failed to fall below several times over the past few months. This is also the reason for the subsequent price rally, as buyers who bought on dips have re-entered. (Golden Ten)
Institution: Cryptocurrency rebounds after short-term crash, no obvious catalyst
2025-09-22 07:10:00
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
机构：加密货币短线崩盘后反弹，没有明显催化剂Next article：
Fragmetric拟与DFDV合作收购一家韩国上市公司并推出SOL财库
