Total crypto market cap has lost $200bn in 24 hours.

[Don Pedro Dinero]

I’ve seen many threads talking about bitcoin going down but today I see on coinmarketcap that the first 100 cryptos are red. That means people are cashing out. Any idea why this is happening?



Total crypto market has been rising quite fast recently, so it’s not surprising that people wants to cash out some profits but I think there might be some other explanation as well.