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When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices.
This is a strategy that institutional traders use to avoid Slippage, They are basically using people's stoploss orders against them and the fud also makes the people who have no stoploss sell.This video will give you a basic understanding about the techiques that the banks and other financial institutions use
https://www.youtube.com/watch?v=TzKQwttv9IA
