Okay, so a few days ago (this Saturday) we have seen a terrible picture on coinmarketcap, for all the currencies were red (the price went down and so did capitalization). I thought the reason was coinbase and some big technical issues there. Yesterday everything was slowly getting back to normal. Almost all of the currencies went 'green'. Why is everything red again? Is it really some big problems with altcoins? Is it the end of big pump? Or maybe it is just the continuation of unexperienced panic sellers that started 2 days ago?
The sudden dumps we have experienced in altcoin might be an effect of the bitcoin's price drop that affected various type of cryptocurrency since the exchange value for each coins are based of the bitcoin's price. Or maybe it is because of the panic selling, the demands on altcoins because its price are dump
