why all coins are dropping?

[Endank]

any body know the reason for current drop?

Maybe then the announcement about the ban on social media started a mass panic. Not easy to restore at the highest point because at this time maybe people will be more careful to enter in cryptocurrency.

[1714901180]

1714901180

[1714901180]

1714901180

[jokowo]

any body know the reason for current drop?

Increases too fast will almost certainly cause a great crash. The growth of market capitalization should be balanced by the growth of a balanced number of communities.

[bananadines]

The market is struggles again in the last couple of weeks. We had some buysupport but it was not enough.. If it wont go up, it goes down because people are getting more and more scared. People dont wanna loose all their profits! But I think it is only a healthy correction, we will go up sooner or later!

[nev1d]

I think now is a correction in the market. Do not worry about the fall, in a short time everything will return to its place

[Naitik]

May be the Indian Government harness over the trading on crypto currency. Most of the people selling their coins. This may cause the drop of price for  a while. But it will rise.

[upyem2k]

Drop in the price can be because of anything which no one can be certain about. But I think it is the recent attack and the critics from some countries and the ban placed on cryptocurrency trading in some part of the world.

[tonmuc165]

The reason why all altcoins are dropping because bitcoin is price is declining. Also dropping of price is normal. It is normal to everyone of us, because it happens everytime.

[yszbsducdm650]

events like this often happen and I think this is natural because all altcoins or crypto currencies are always close to zero.
besides that I also believe that this will return to recover or can be spelled out all altcoin will go back up.

[vinaphonenguvl]

there can be many reasons, but in any case, the fall is quite a normal situation in the market after strong growth. especially it is necessary to take into account that the crypto currency market is very young and such strong movements are quite normal. We should be careful when making deals.

[przclducdm532]

It is clear that due to the fact that other coins have fallen in price due to the fall in the rate of other coins and we all see that the rate fell very much that naturally affected the whole cryptoworld

[trrewqs]

No one will tell you the exact reason. People panic, sell coins to themselves at a loss, so as not to lose everything. And new investors are afraid to enter this market

[Lonthe]

The main factor affecting altcoin price is the parent of the bitcoin cryptocurrency, when bitcoin price rises then automatically the altcoin price because bitcoin is used for the price of all altcoins.

[dieteralex510]

it is the normal cycle of crypto market, from what i read on the forum around january february it is usally going down, i'll try to remember for next year

[Artron1]

Altcoins go down when they are selling a lot of virtual money investors. Money out of the market leads to depreciation. There is nothing to do but wait to buy again.

[k-west]

They were falling before.Now we are watching organic grow of almost all cryptocurrencies.Probably bitcoin is getting power to skyrocket again in the near future.

[morphic]

I think the market conditions are going with the price of bitcoin, because the price of bitcoin has dropped, so all the cryptocurrencies have fallen. But I believe this will not last long, so we need to have enough patience to wait.

[collins3]

Thị trường tiền điện tử biến động thường xuyên và liên tục. Do đó, chiết khấu Altcoin là một biến động thường xuyên. Sự giảm giá này là một bước đệm cho sự phát triển mạnh hơn trong tương lai gần.  Ngoài ra, nhà đầu tư Altcoin nhận thấy giá trị của BTC không ổn định, giá BTC giảm nên họ lo sợ và bán ồ ạt Altcoin để lấy tiền mặt hoặc chuyển sang BTC.

[juditPolgar]

I think personally, we see a slight increase in Cryptocurrency. If you look at the three-year chart, you can see the repetition of Crypto's currency growth. Many new investors are getting feedback from FUD and now they are stuck at high prices. They can still recover from the losses they buy require time and patience is needed.

[Reez]

They are all dropping because people are pulling out way too much money from cryptos and it is just reducing the demand and increasing the supply of coins in the market. The prices of all other coins are basically tied to the price of bitcoin and when the price of bitcoin starts falling, then the prices of the other coins starts falling too. We just need the price of bitcoin to go up and they all will

[kolrbert]

probably because the price of bitcoin and ethereum goes down so people sell their altcoin to switch to bitcoin or ethereum, and that's why altcoin prices go down, and bitcoin and ethereum prices go down because those who sell them panic when they see bitcoin and ethereum go down a bit and sell it straight away for fear it will not rise again (according to my prediction).

Yes I think so too, strongly agree with your statement. Maybe people are worried because prices are starting to fall so they quickly sell their coins fast.