why all coins are dropping?

[victory1]

At the moment, the situation on the market is similar to panic, people who invested their money in the crypto currency without knowledge of the market are now selling.

I think this is the most wrong step, the market will quickly return some of the lost, but to the maximum values I think will return in the summer, so we wait and continue to work, no China or Korea is no longer capable of killing the world of crypto.

[1714024041]

1714024041

[Specular]

any body know the reason for current drop?

Unfortunately, as what we all know, Bitcoin is the king and queen of cryptocurrency. He and She is the first of its kind thus making it more on fame or the star among all cryptocurrency. But what about that? Other than its true purpose of existence, which is to become a material for transfer of money to anyone, anywhere and anytime without any banks. Just you and the receiver as the parties. And making bitcoin making more than that, as a investment. Where today, alternative coins price varies to the price of bitcoin itself. Making it more volatile. Also, a lot of people are just wasting their saliva for FUD news where some people have deceived also.

[Vart4varta]

In the fall of the crypto currency, there is nothing special. Unlike, for example, from shares of companies or assets such as oil and gold, digital money has no real price indicators. For shares, this is the number of clients, the cost of the means of production, various kinds of patents, and so on.

[congnghi100]

any body know the reason for current drop?

Red chart is related to Whales. China, Korea, Japan... are whales.

[Umuoji]

All coins are dropping because bitcoins and ethereum are dropping too. You know bitcoin control all other altcoins. I really wish that a day will come when bitcoin and ethereum will stop controlling other altcoins

[futuristishe]

Bitcoin falls here and altcons fly down!   It's time to study the crypto market to understand why this is really happening! After all, you need to know what determines the rate of bitcoin in the market and then you will understand when the coins begin to grow!

[rachman mahesa]

Previously I see all altcoin is experiencing a remarkable decline. Perhaps many of those factors affect that makes altcoin fall. But now, Everything is recovering and little by little the price will be high again.

[hamnghi167]

I see there are many factors that make this happen like one example like bitcoin itself the bigger the decrease of bitcoin will be the bigger the decrease in altcoin and it is reciprocal with vice versa.

[Schovgurov]

They are influenced by the policies of major nations. And the main reason is due to google, facebook, twitter decision to ban advertising Crypto in the coming time. This has made some investors nervous about the market. They have in turn sold the altcoin they hold. Alas, the prices have fallen sharply over the past few years.

[rainezerr401]

any body know the reason for current drop?

Bitcoins is dropping today because maybe of some fud that is spreading on other countries and it was affecting the thought of other people about cryptocurrency and every coin is affected because altcoins is tether to bitcoins price.

[Schevascheva]

The rate of all coins falls only because the coin cue ball dropped to 6300 and a piece, and so the rate of the remaining coins also fell, but when the cue rate starts to grow and the entire market expands, so do not worry, everything will be okay

[democity]

any body know the reason for current drop?

Bitcoins is dropping today because maybe of some fud that is spreading on other countries and it was affecting the thought of other people about cryptocurrency and every coin is affected because altcoins is tether to bitcoins price.

I don't know what the situation is. Maybe there are lots of big whale controlling and influencing the encryption market. For us, we can only conduct transactions according to our own intuition.

[Sithara007]

any body know the reason for current drop?

There are a variety of reasons. The first trigger was government action in India and South Korea. Then there was the mass dump by the Mt Gox trustee (Nobuaki Kobayashi), who dumped more than 50,000 BTC in one month.

[vatanen]

There are several reasons why all the coins' price is dropping and getting a lower value but I think the most significant event for the dropping of the value of all the coins is when some of the countries banned cryptocurrencies such as korea and china. These two countries are one of the biggest supporter of cryptocurrencies and when they tend to banned cryptos it makes all the coins falls down.

[HighlanderMonk]

Most likely this is happening because now bitcoin is not so interesting, there can be a real manipulation of the crypto market. I think that there will be a rise and now everything is bought with coins. then it will be too late.

[agusiska]

i think its because many rumors and bad news about crypto, so its affect on market and make all altcoin rate was droping down including rate of bitcoin itself.

[rejekiku]

any body know the reason for current drop?

I think because There is a rumor that China wants to ban the circulation of crypto currency in the country, it causes panic, so many are selling their coins.

[kaylinmaxx]

It is because of bitcoin price drop. The drop of btc will result to affect the altcoins. Btc is connected to altcoins in all matters when btc jump altcoins jump also. When btc drops altcoins will drop also. Btc is the head of the body (altcoins).

[hcoin01]

Crypto is experiencing 2 different seasons in money world.
One of them is the Taurus season, the other is the Bear season. During the bull season, prices start to rise. During the bear season, prices will fall. You need to be careful.

[yahata143]

The valuation of coins is too high, which is the biggest reason for the decline of prices. Another reason is that there are too many bubbles in early ICO projects. ICO has hurt ETH and hurt the mood of the market.