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RE: Bitcoin Blood in the Streets | Be GREEDY!
I highly doubt people are liquidating assets to buy Christmas gifts, especially just days out. The time it would take to transfer fiat into the bank would make it seem illogical to sell now. Plus the volume on that specific group of people would have a minuscule effect on the price. I'm very curious to see what caused this blood bath though.
I really doubt that too, but the people cashing out may be buying some presents from the profits they made :) For the moment it is pretty hard to find an explanation of why all the currencies are losing value at once, but this makes it a very good moment to buy some crypto!