Why did most cryptos have the same dip today?

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Why did most cryptos have the same dip today?

Why did most all cryptos all have the same dip today around 4pm and then immediately recover? Did something happen, is most of the money invested done by algorithms?

Sashitha ilepperuma Answered question December 10, 2024
0

Leverage liquidation wicks. Market makers would be out of business if they actually had to pay out every 100X leverage trade. Gotta clean house occasionally

Sashitha ilepperuma Answered question December 10, 2024
0