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A comment on More than $70B wiped off crypto market in 24 hours as BTC drops 8% below $20K. Parent comment
>it doesn't need to be traded as such.
Only a small percentage of sellers can convert an asset into the current dollar price in any market, regardless of where the underlying is used.
This is true for every asset. Once supply outpaces demand, price moves down.
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>it doesn't need to be traded as such.
Only a small percentage of sellers can convert an asset into the current dollar price in any market, regardless of where the underlying is used.
This is true for every asset. Once supply outpaces demand, price moves down.