Why is everything going down atm? Everywhere is red on coinmarketcap and everything is falling, altcoins losing their worth. What is the reason for this?
when Bitcoin loses it's price value then almost every altcoin's will drive down as well because most of the altcoins are being paired by Bitcoin and not by USD.
So, people aren't seeing the worst when Bitcoin dips but instead they invest more while the price value are cheaper than before because the crypto market will soon recover back to it's highest market capitalization.