The cryptocurrency market has lost over $100 billion dollars overnight and Bitcoin (BTC) and many altcoins have lost close to 40% in value. Many new cryptocurrency investors have begun to panic and are frantically searching for an explanation. The chart below depicts a trending sell off the past four years around the ramp up to the Chinese New Year.
Asia is still dominant in cryptocurrency trading by volume, accounting for a large majority of money flowing in and out of the market. The Lunar New Year rings in exactly a …
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