The crypto market dipped 10% today. Can anyone explain to me WHY?

More than any other investment, I find crypto's dips and moons to be less tied to real world events. If the stock market or real estate market crash, there is usually a very easily identifiable real-world reason. You just need to open the news and check the headlines. But with crypto I find that the market is disconnected from real world events. China bans crypto? No effect up or down. Normal Tuesday? Market plunges 10%. With this in mind, was there an actual reason why the crypto market plunged today? I can't see any particular reason why it happened today or what events or news it was connected to. EDIT: Lol this sub is so trash. 75 comments only 1 or 2 actual attempts to really discuss what happened yesterday. Everything else is eye-rolling moon-farming attempts. submitted by /u/monamikonami [link] [comments]