Dash and Litecoin change (24h)

[AkaSnake]

Hey guys, I was looking at https://coinmarketcap.com/ and I noticed that in the last 24H there was a huge drop in both dash and litecoin, do we know what this is due to?

I'm trying to find a website where we can find news that explains those changes, anyone got something?

Thanks!

[DonFranco]

and is it worth to invest?

[AkaSnake]

and is it worth to invest?

I don't really mind about that, I'm mining, I'm in for the long-term.

What I would like to know is that is there any website that have news for the coins that explains the drastic changes?

[AmodeusLex]

I think, its a bitcoin hardfork. Everybody take bitcoin, selling altcoins.

[AkaSnake]

I think, its a bitcoin hardfork. Everybody take bitcoin, selling altcoins.

I see. I guess we should see a correction soon then.

[xus]

yes now its a good time to buy cheap alts

[mummybtc]

The reason for the dump is because people are cashing out on Altcoins to get into Bitcoin, nobody wants to miss out on the Hard fork tokens that is likely to happend, BCash was a huge return for Bitcoin holders

[babygun]

Almost all altcoins are being "dumped" at the moment to buy bitcoin. It is like mummybtc says, if the hardforks (bitcoin gold, bitcoin segwit 2x) are supported and are succesfull, it is free money for BTC holders.

[leea-1334]

Christ. I thought I bought in so well one to two weeks ago when everything was down but this is nothing compared to what it looks like today. I was prepared for fiat value to more or less hold, and Bitcoin value vs alts to go down, but it seems as Bitcoin pushes above 4,500, alts are getting whipped badly even against US dollar. This can't seriously JUST be because of Bitcoin Gold, can it?