Those numbers on Forex, Stocks, or Crypto markets showing prices went up and down. What exactly happened behind the scene?
In: 1
There is no inherent value to any crypto currency, so it just goes for whatever people are willing to pay for it.
And all of a sudden, people were not willing to pay nearly as much for it. Like other people have said, that is very possibly because they realized finally that it has no real value.
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