Why BITCOIN is crashing and what is link of USDC ?

Situation of cryptocurrency market is not good even today. If we see the chart, from previous day,of Bitcoin market . If we observe the market with the cryptocurrency market of 2019, then we will say that it will go in up trend.

Last time , people became bullish after seeing the situation of Bitcoin. Rightnow, Bitcoin the hold of Bitcoin is necessary. The Bitcoin is following these kind of trends just to spread extreme fear among people. Big institution take advantage of this fear and they enter the market and they start buying cryptocurrency. There were so many reasons behind the dump of Bitcoin ; silicon valley bankruptcy, houbi token's problem and there are other so many reasons. Rightnow, Bitcoin has to gain volume and it should be above the line on which Bitcoin Is standing rightnow.

Cryptocurrency market is hope always , as it is owned by no one. Market is unpredictable all the time. There are so many people who enter the market and they get panic by seeing the situation of cryptocurrency market and they sell their assets within seconds. Cryptocurrency is playing with people and with their emotion. Last week, I was having a conversation with a friend who is trader in Bitcoin , he suggested me that a person who is new in market he should be emotionally strong and he should not be panic by seeing the situation in the market.

Why USDC is crashing :

USDC Is crashing due to crashing of silicon valley bankruptcy. Circle " which is owner company behind USDC and it recently released a news that " the company has over $3.3 billion dollars of user money in silicon valley.

After this incident, Elon musk tweeted about this situation and about silicon valley bank "even banks are not safe" . Keep it in your mind, if you are in financial market so consider yourself that you Are going in a well of death. In financial market, everything is possible and with each second things are changing. Like you saw, the crashing of Luna and Terra . There are so many scams going on in cryptocurrency market so everyone should be aware of these kind of things and should observe things minutely.

The coins which will have direct impact by USDC ;

1-CRV

2-ETH

3-SOL

4-AVAX

5-TRX

6-ALGO

7-STELLAR

8-FLOW

9-HBAR

10-MATIC

11-FANTOM

12-NEAR

13-DYDX

this is the time to be patient and if you have money which is important so you should withdraw money. Well , it's up to you wether you want to have money in the wallet or not.