What caused all the price drops?

[zhangxie29152784]

No one can really say how prices change. The market is so weak right now that a lot of people are selling their tokens.

Whenever the crypto market fluctuates, investors panic. But I think long-term holdings would be better.

[rinkujaglan]

There is nobody say exactly how to change the price bitcoin, price depend on different aspect I.e. investment and stregtic on project as well as international acceptance. Price of market is down continue because people are panic for investment and they are not easily believe on it.

[handini]

Now that the penny has been falling down for a number of reasons, I believe the market will rebound, which is certainly because if we can see that the market is gradually recovering for today

The news about the United States Securities and Exchange Commission (SEC) investigating the Bitcoin and other cryptocurrency exchanges is the cause of the decline in Bitcoin prices.

[kulas]

Now that the penny has been falling down for a number of reasons, I believe the market will rebound, which is certainly because if we can see that the market is gradually recovering for today

The news about the United States Securities and Exchange Commission (SEC) investigating the Bitcoin and other cryptocurrency exchanges is the cause of the decline in Bitcoin prices.

I also thought it is one of the reason why we have bear market. The increasing movement would come back in october i think, there is a slight increase in bitcoin today as we can see, so hold still.

[Ridzik111]

Reduced e prices are controlled by large amounts of money that have a lot of cue ball. This one. And the second is a lot of scammers in companies and they take investments and leave the arena.

[catsmile]

prices continue to fall. It seems that all the current reasons are not true. Now what we need is to wait for a signal that the market will return.

[clarkt]

The slow down in cryptocurrency trading and investing activities began in earnest after the all time high price increase on many coin last year. Bitcoin was pumped hard so were many coin.  The year started out on a bearish note and it has been bearish all along up until now.  This trend may or may not change but cryptocurrency will keep growing!

[mgrbtc]

Movement of the market down and up is a normal market condition. This is what makes it possible to earn traders. If the market was flat and predictable - it would not be of interest to anyone. It's about volatility. Therefore, if you see a drop, then there will be growth. no reason to worry, you just need to wait

[AiloveYouks21]

the whales deliberately refrain from getting more profits by the end of this year.
#IMHO

[Dulmwer]

As I would see it, coin costs keep on falling forcefully in view of mediations from governments. In Korea, specialists are as yet considering conceivable conclusion of virtual cash exchanging floors. Regardless of the conclusion of the virtual money floor a year ago, China still has more forceful measures against the virtual cash industry.

[cellflash]

Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?

My opinion about this matter, maybe because investors withdraw their holdings that caused a huge falling of a project or ICO and causes for coins to decrease its value in the market..
Actually, this kind of matter is just natural in the cryptocurrency.. expect the unstable market..

[vina.lugtu]

Simple. A lot of people are selling and there are only few buyers. Some investors chose to stay from crypto currency because of the low price. This happened before but not as low as the price this month. The red days has been on going for months now and big whales are not willing to bet their money on an investment that has low success.

[jingyu27]

I think the price drop is mainly due to the negative reports from some media, which has caused people to panic. I pay attention to some news about cryptocurrencies every day, but I will not panic.

[Artron1]

The outflow of money in the crypto money market caused the depreciation of all currencies. The number of investors in the market has decreased. People have withdrawn their money from this market. I hope it will make more money entry into the investor market and prices will rise again.

[Iykecollynz]

I think the market has a certain trend, what happens are typically market realities, Inflations are caused by demands and supply, once supply is low and demands keep increasing, certainly price will go up, crypto had very huge rune up due to huge demand as a lot of positive news also were in support of it's run, fast forward to early this year when demand became less and prices started falling, until it gets to a demand and supply equilibrium before the next shoot when demand will get higher again

[Abeycity9917]

A report emerged yesterday from a major news outlet suggesting that China is actively preparing to block access to international bitcoin exchanges. The news comes a few months after the country banned some exchanges as well as initial coin offerings or ICOs.

[darmin]

the big decline that occurs because it has become common for crypto. for a time this was probably because of the many restrictions for enough crypto provides a major influence on the price of the case. It also needs to recover for a long time and if looking for secure then hold is the best way.

[chakhigh]

It is the natural growth of everything in life! No way it can go up forever!

We have to see more demand and new investors to get a price growth.

[VBCryp@]

At present, the price of most coins is falling, but ETH is the coin the deepest decline, now I see, there are some coin growth is quite high, however, but the ETH price remains unchanged. ETH tends to decrease.

[bitcoinner786]

Price adjustment, it is normal in the world of uncertainty of the cryptographic market and perhaps some whale withdrawal this holiday season.