Why Is Crypto Crashing? | Crypto Town Hall With Mark Cohodes

Published: June 11, 2023, 6:37 a.m.

Crypto blood bath: in the past 24 hours, the tokens of prominent blockchain networks experienced a significant decline of over 20%. This drop occurred in the midst of a potential risk-off situation, which follows closely after the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against crypto exchanges Binance and Coinbase, accusing 13 tokens of being securities. In this Crypto Town Hall Twitter Spaces, we explore what has happened and what it means for crypto.\xa0\n\nCrypto Town Hall is a new daily Twitter Spaces hosted Scott Melker, Ran Neuner & Mario Nawfal. Every day we discuss the latest news in crypto and bring the biggest names in the crypto space to share their opinions.\n\n\u25ba\u25baOKX\nSign up for an OKX Trading Account then deposit & trade to unlock mystery box rewards of up to $10,000!\xa0\n\U0001f449\xa0https://www.okx.com/join/SCOTTMELKER\n\n\u25ba\u25baTHE DAILY CLOSE\nBRAND NEW NEWSLETTER! INSTITUTIONAL GRADE INDICATORS AND DATA DELIVERED DIRECTLY TO YOUR INBOX, EVERY DAY AT THE DAILY CLOSE. TRADE LIKE THE BIG BOYS.\n\U0001f449 https://www.thedailyclose.io/\xa0\xa0\n\n\u25ba\u25baBITGET\nGET UP TO A $8,000 BONUS IN USDT AND GET MASSIVE DISCOUNTS ON TRADING FEES!\n\U0001f449 https://thewolfofallstreets.info/bitget\xa0\xa0\xa0\n\n\u25ba\u25baNORD VPN\xa0\nGET EXCLUSIVE NORDVPN DEAL\xa0- 40% DISCOUNT! IT\u2019S RISK-FREE WITH NORD\u2019S 30-DAY MONEY-BACK GUARANTEE. PROTECT YOUR PRIVACY!\n\U0001f449 https://nordvpn.com/WolfOfAllStreets\xa0\xa0\n\n\u25ba\u25baCOINROUTES\nTRADE SPOT & DERIVATIVES ACROSS CEFI AND DEFI USING YOUR OWN ACCOUNTS WITH THIS ADVANCED ALGORITHMIC PLATFORM. SAVE TONS OF MONEY ON TRADING FEES LIKE THE PROS!\n\U0001f449 http://bit.ly/3ZXeYKd\xa0\n\n\u25ba\u25ba JOIN THE FREE WOLF DEN NEWSLETTER, DELIVERED EVERY WEEK DAY!\n\U0001f449https://thewolfden.substack.com/\xa0\xa0\n\nFollow Scott Melker:\nTwitter: https://twitter.com/scottmelker\xa0\xa0\nWeb: https://www.thewolfofallstreets.io\xa0\xa0\nSpotify: https://spoti.fi/30N5FDe\xa0\xa0\nApple podcast: https://apple.co/3FASB2c\xa0\xa0\n\n#Bitcoin #Crypto #Trading\n\nThe views and opinions expressed here are solely my own and should in no way be interpreted as financial advice. This video was created for entertainment. Every investment and trading move involves risk. You should conduct your own research when making a decision. I am not a financial advisor.\xa0Nothing contained in this video constitutes or shall be construed as an offering of financial instruments or as investment advice or recommendations of an investment strategy or whether or not to "Buy," "Sell," or "Hold" an investment.