Institutions report that cryptocurrency rebounds following short-term decline without clear cause

On September 22, at 1:59 PM Beijing time, Bitcoin saw a rapid drop exceeding 2%, while Ethereum dropped 5% and Solana faced a steep 7% decline within minutes, all without any obvious reasons.

The cryptocurrency market later experienced a rebound as buyers sought bargains after Bitcoin’s fall to the significant level of 111,900. The commentary noted a surprising lack of clear triggers for these price swings.