Cryptocurrencies casually crash into EU session open without any catalyst

The crash started roughly at 5:59 GMT with Bitcoin falling more than 2% in a couple of minutes while Ethereum followed with a 5% drop. Other cryptocurrencies were also affected, so it seems like it affected the entire crypto market. For example, Solana fell by 7% in just 3 minutes. All of this happened without a clear catalyst though.

In the bigger picture, Bitcoin just dropped into a key level at 111,900 where we got multiple rejections in the past months. This is also where the price is bouncing from as dip-buyers pile back in

Cryptocurrencies casually crash into EU session open without any catalyst

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Payment services for HUBFX are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) and The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorized in 39 states to transmit money (MSB Registration Number: 31000160311064). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011 and CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 – 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)

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