Today in the morning when I woke up the first thing I did was check the market update. I check Bitcoins position because Monday is the start of the week and this day the market stays very volatile. I thought that today Bitcoin will give a good pump but that did not happen and instead the market is down.

Why should the market pump? Because the FED rate cut is extremely positive for the market. The big reason is that big investors shift their investment into the stock and crypto market. But till now the news has not shown any effect. Maybe right now the “sell the news” policy is going on.

And the interesting thing is that even in the stock market we have not seen any good pump yet. However the US stock market is in positive movement which is a good sign. But the FED rate cut has not made any effect on stock and crypto till now.

Sell the news policy?

What could this mean and what should investors do in this situation? In my view, the impact of “sell the news” is still there. When any good news comes the overall market dumps so whales and big investors can bring the price to good levels and buy.

A false hype is created so investors panic and they start selling in panic. And that is what is happening. Market manipulation is happening. Bitcoin has dumped 3% today and other altcoins including #hive have dumped around 7%.

This is what market manipulation is even with good news the market dumps. Bitcoin is currently trading at $107K which has fallen from $111K and similarly #hive is trading at $0.1180 which dropped from $0.1285.

The FED rate cut is the second cut of this month which is actually positive for the market but still the market is down. Another reason is that investors confidence level is also down. Because of the recent flash crash, investors are scared and they have lost trust in this market.

Anyway the news is positive and at any time we can see a good pump in the market. In my view, at this time you should hold your holdings strongly and wait for the good time which qill surely come.

Do you think the FED news will bring a positive impact in the crypto market? Are you holding your coins or have you sold already? Share your opinion in the comment section.

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IMAGE TAKEN FROM PeakdAI

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