Why price going down today?

[Proceed]

Traders probably had orders for sales in the area of $ 5,000. After the orders for sales have worked, traders-robots began to sell.
As a result, the price dropped.

[Jdope]

Its probably a correction, most alt prices are heavily attached to bitcoin's price and btc just lost 400$ in a couple of hours earlier today, keep your emotions tight!

[Cipherr]

Correction is overdue asf. Maybe September will be the month.

[newfulluser]

Bitcoin and other altcoins can not always grow smoothly in price. One of the features of the crypto currency is its volatility. Therefore, sharp jumps in the course should be treated calmly as an inevitable process. A little equal in price and will grow further. Undoubtedly, their course is influenced by various external factors, such as statements by governments of different states and it also introduces a correction in their course.

I wouldn't say volatility is a feature, more like a drawback.

If you mean volatility as in it can moon and dip pretty fast then yea, it is a feature.

[evski]

price goes up, people take profits

[Argon2]

Why bitcoin, litecoin,dash, ethereum price going down today?

If you don't know then don't play. Seriously, you are gambling not investing...

[vfrcbv91]

Do you think that the price will only grow?

[nomenclatur]

This happens because of the high market interest in bitcoin and traders selling most of their altcoin, but now there has been a price correction on bitcoin because almost all altcoin is red, this is very convenient where fluctuations continue to get attention, and is the right time to increase the price back .

[Bruce Wayne]

Tom many people was waiting to 5k usd to come, so the price dropped just before.
We take to crack the 5k resistance, that's a huge psychological limit, like 1k was and 10k will be.

You have hammered the correct.  E3 of 6 Bitcoin down-trends happened after it rose more then 3X in 1 months.  5K is the automatic limit may investor set to "sell" if the coin rose to that level. 

As someone who has made over $2.8M in BTC, I can tell you - don't sweat it. Its got a LONG way to go up.  Buy the heck out of it now if you can.  Most other coins are tied to the BTC downtrend in some capacity. 

Please look at 30 day ROI vs WTF is HAPPENING this hour.  lol

[rainbow169]

Its a correction, hopefully a healthy one. We need some stabilization before climbing up again.

[k1mera]

Traders probably had orders for sales in the area of $ 5,000. After the orders for sales have worked, traders-robots began to sell.
As a result, the price dropped.

I agree with you. 5.000$ was probably a sell target for a lot of traders.
Just hold and in some days we will see green everywhere

[Taki]

All this coins depends on Bitcoin's price. Bitcoin gone down and took all of them together with itself. All this coins, reached it's maximum together with Bitcoin, which reached 5000$ point this night. They fell and keep falling only cause of people sell their founds on such highs. I also sold some of my founds this morning

[3efdvfsd3rh]

There has been an unstable amount of growth in the last couple of days so the correction seems to be pretty normal. The long term growth should be looking positive though. Try not to freak out from this short term loss.

[Nibeloss]

This is normal, in fact lowering altcoins is normal. But, in bitcoin, this is a wave of correction for the price of bitcoins. There will never be a constant rise or fall.

[Gennosuke]

You should get used to it . This will happen a lot in the future.

[CrowdFunder]

I am always wondering why people always need reasons for drops, as if a correction of BTC needs a reason.
As I said somewhere else, nothing can go up only, all the times !

[blockchainmarketus]

Why bitcoin, litecoin,dash, ethereum price going down today?

Buy the coins as many as you can. YOu will earn big profit when the coins pumped. That's natural movement in price of altcoins and BTC. dumped and pumped. That;s the way traders make profit. If the price remain stable, i know most traders will not make a lot of profit. That situation isn't an indication that BTC and Altcoins will be worthless. it is common situation. Even BTC suffered the lowest price before august 1 . It dumps to 1900 from 2500. But all traders believe that the price will recover soon.

[Croin]

For every market there is a simple formula you can follow and you will be able to predict the price movement way better than all the Twitter "people" with the funny charts or analysts.

Tendency = Psychology x Money

Short and simple and works everytime. You have just to figure out:
1. Psychology is for bull or bear ?
2. Is there enough money coming in ?

[ilovefeetsmell]

Why bitcoin, litecoin,dash, ethereum price going down today?

When the bitcoin price goes up then altcoin price will goes down immediately. Altcoin price will recover when the bitcoin price will goes down. The price will go down because of low of demand in the market. Altcoin's demand in previous weeks are so the price was affected of this changes.

[RussaX]

It's can't go up forever. Some people decide to sell or trade and when enough people start doing it you have snowball effect. this one seems healthy correction. Don't invest if you think that price will only rise because it won't.