@BOMBERuss 20 April 2021 more from that month

WHY DID THE MARKET CRASH? Firstly, there was a power fluctuation issue in China's Xinjiang province, which forced many miners to go offline just as the difficulty adjusted. This caused the hashrate to fall. Secondly, the quarterly sell-off of futures contracts, which has been underway since April 13th, also added to the selling pressure. While not formally announced anywhere, there was also a rumour about the U.S Treasury accusing financial institutions for using digital assets to launder money. #Cryptocurrency