Bitcoin Dump Flash Crash News Today? I Try To Find Out What's Causing It Evergrande China India
Channel: Junson Chan Stocks Crypto Bitcoin Defi Yield Farm
Date: 04/12/2021

I do the research but we don't have a 100% definitive answer.

My best guesses are:

1. Derivatives hunting to liquidate leveraged longs (a factor but not the main reason)
2. China Evergrande default is a real problem. They need $300 billion and Beijing is now working with evergrande to try to fix it before it blows up everyone.
3. India crypto currency bill may ban private wallets or close to banning it but will allow crypto investing, albeit with full monitoring and reporting. Indians are being denied private property rights in terms of privacy.
4. **** Whale black swan event incoming. Possibly lockdowns. The whales planned in advanced to dump early this week.

Tags: #crypto, #altcoins, #bitcoin, btc crash why did it happen, altcoins to buy right now, why did bitcoin drop, why did crypto crash, crypto crash reason, why did bitcoin fall, bitcoin pump today, defi yield farming

Disclaimer: This is not financial advice. These are my own personal opinions. You must do your own research if you wish to invest in anything.