why all coins are dropping?

[Bigbay]

In my opinion, Bitcoin contribute to the rise and fall of alk child cryptocurrency but here comes a question."why do some altcoins fall even wen bitcoin and Ethereum are rising"? Because have seen this happen several times.
Can someone explain this?

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[nwanne]

Crypto market will always go up and down that's what makes it unique, it is a market where demand meets supply, when much people are buying the prices go up and when much people are selling the prices will drop. so market will always go up and down.

[Lilandra2006]

Prices collapsed the day before yesterday in connection with hacking at the stock exchange and checking for some US stock exchanges for violations in trading operations with bitcoin. Prices fell practically 10-12% during the day. Such a powerful impact on the crypto currency was not in 2 months.

[CryptoDouche]

It's a perfect time to get solid coins on sale. Lot's of alts probably gonna moon next month.

[dekleni]

any body know the reason for current drop?

because people start to panic with declining prices. so people on selling all its bitkoin. fear of useless again in the future .

[kelincrad]

Everything is interconnected. If Bitcoin falls, and with it falling alcony. I think that it is best to direct their investments to bitcoin. He's been through so many falls but still remains king.

[jonathancool220]

The Chinese government is about to close exchanges and ban bitcoin transactions, and China's trading volume is huge for the world's bitcoin exchanges.

it could also be because of such factors, China and Korea are very big for the business of Bitcoin in terms of its finances. They also have a lot of very famous Exchange like Kucoin and Bithumb.

it could also be due to the fact that Bitcoin has a price decline, so Altcoins is also scared so they go down the price.

[halehale]

Just now there are too many pressure factors on the cryptocurrency market. I think by the end of the year it settles in. And of the pressures you can take at least ICO, a lot of them, all with different percentages of success, and some even scammers

[rlm42]

Digital money does not have real price indicators, unlike stocks, oil or gold. On "bear" market, even minor news can provoke a collapse, the good ones do not produce any effect.

[Branko]

Whales want to buy cheap, also lower prices will draw more sheep
to repeat cycle of stripping naive and greedy people of their possessions

[futuristishe]

Because the price of major coins such as bitcoin and idrop fall down! Hence all the violas will go down! All violas are very much dependent on the bitcoin and Ethereum exchange rate! And it all depends on how bitcoin behaves!

[lalaland97cute]

many altcoin dropping because its main coin is bitcoin also dropping, this is probably because of the many people who sell their coins in the market so that stock so much.

[nicolesalv]

any body know the reason for current drop?

I think it is because the bitcoin and ethereum which ia the base of cryptocurrency were also dropping. As I always notice when this two were dropping all coins also were dropping. And also I think because the cryptocurrency market.

[Bosmuda]

Peoples are selling and huge investor seems sell most of their coins that is why the price dropped. Its a very common things in the markets, you need to get used to it.

[Endikadija]

Peoples are selling and huge investor seems sell most of their coins that is why the price dropped. Its a very common things in the markets, you need to get used to it.

Manipulators have been selling a lot of their stash and they were creating it even worst because they are spreading a lot of FUD. The market can be manipulated through use various ways.
Remember the dump will create a panic sell to the market and the bad news will give another impact to make it even worst. We are in the grey area right now with so many uncertainties about that.

[MariaSerebrennikova]

Because right now, bear market, bitcoin push, he falls and drags the rest of the coins! Probably in the near future will be a trend of falling market,

[phongz81hng]

From the point of view of TA this is simple correction which is natural for any assets in the world. And according FA this is manipulation by whales. I am absolutely sure that, we will see new maximum of bitcoin price and other altcoins in the second half of this year.

[MAXE]

It's obvious. The market can't go parabolic forever.
Just the general nature of it. It's going with cycles; now we're in a so-called "bear environment".

[hamlong99]

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.

[curnez88888]

Most coins are falling because bitcoin is falling, now is a very good opportunity to enter the market, but not the whole amount, because the market may fall even lower.