why all coins are dropping?

[pendekar cinta]

I think the main factor that causes the majority of coins to decline is inseparable from the issue of banning from the Korean state so that the population tends to panic and sell assets together, even though sometimes the price is really still very low.

[bagas79]

That is because the price of Bitcoin and Ethereum drops rapidly, and usually it is very influential on other altcoin prices.
Don't panic because it is common in the world of cryptoccurency

[danielnamit]

Maybe one or most of the major coins like bitcoin and ethereum drops, or maybe bears withdraw most of their money, making coins drop.

[Motokonomo]

Because after a tumultuous rust in December, correction had to come.

[jutomals]

I think in light of the fact that about the weight from the boycott of china government and korea government as of late has made the cost of bitcoin dropped so much, in addition, the dread of financial specialists are too huge that influences them to pitch quickly the majority of their coins to cut misfortunes at the earliest opportunity. Right now, the circumstance available is like frenzy, individuals who put their cash in the digital currency without information of the market are presently offering

[Wildskull]

Its because there are a lot of peoples selling their coins, whales move the market to reds and when peoples see the market in red, all of them selling before they got more reds.

[herminio]

any body know the reason for current drop?

Bitcoin price drop due to ETF rejection, Exchanges hacking, stealing coins, too many scam attempt and no new investor's comes from bitcoin, These is some reasons why bitcoin decline along with altcoins.

[zouwahyu]

All altcoin prices refer to the price of bitcoin so if the price of bitcoin fluctuates then the price of all altcoins will also fluctuate

[bapangkiran]

This question is a question that no one can answer correctly, the crypto market is really down this year making many crypto users and selling all of their altcoins, the investment that was followed also didn't go well, the impact of the crypto market which went up and down.

[Xeonhp]

Everyone wants to get their profits, bought in early, now for sale!  News about revising SEC think good. Hopefully another time the decision will be positive.

Right. They bought in pre-sale. And then they immediately sell it. That's why the coins are constantly falling, they are selling too fast. And then they poured money into the new project.

[flyingdutchmen]

Earlier in August I pointed out that we are in the accumulation stage, and it's best for buying as the prices pretty much bottomed..most people buy during the parabolic move, that is a big mistake. Take you chance and buy the bottom as long you can.

[Akarsh54692]

Becuse the price of bitcoin is dropping and people are afraid so they will sell what they have. After a while, they may calm down and buy in some coin again and they price will rise.

Yes,the market is bearish as of now.But soon, everything will be stable. We've witnessed a lot of improvements in the crytoworld these days.For instance,Nucleusvision partnering with HostGames,the casino gaming platform has changed the dimensions of the blockchain world.

[Netcave]

any body know the reason for current drop?

There are currently a lot of bad news / negative attacks on the crypto market. This has a direct impact on BTC and altcoin, so all have experienced a very bad price decline. My advice, you better hold the coins that you have until BTC recovers to the highest price, that is the wisest choice that can be taken at this time.

[Renaisance]

any body know the reason for current drop?

I think there are many reasons why a lot of people sell at very cheap prices, it might be because they already see a situation like this.
However, one main reason is the laws, procedures or laws that are not unclear about crypto, this makes it like no guarantee at all.

[odessit1377]

all the tokens are attached to the bitcoin. It controls their growth and fall, very rarely who of tokens begins to grow regardless of bitcoin.

[Arsaen]

any body know the reason for current drop?

This might have something to do with the issue that one of the big countries in Asia wants to block the circulation of crypto and will create their own coins, and maybe because of that the panic becomes very large. Many people start selling their coins in a panic and eventually lead to increasingly bad market situations.

[Paperbuk]

any body know the reason for current drop?

Bitcoin falls, and the altcoin is destroyed. It's time to study the crypto market to understand why this always happens. After all this has passed, you need to know what determines the level of bitcoin on the market and then you will understand when the coin starts to grow. Experience and learning are needed.

[redcj7]

any body know the reason for current drop?

All goes red because bitcoin falls, it's very normal if the market makes some price corrections, because last year most of the coins made extraordinary achievements. Now, let's hope that the market can recover at the end of the year, let's just wait while we observe what will happen next.

[nurularesyi1995]

According to the analysis some experts say that the cause of this freefall Cryptocurrency or coin may not be due to a burst of bubble, but because, Ahead of the Chinese New Year, new Regulations in Germany, Punishment for Cryptocurrency traders in South Korea

[btcrich2020]

The simple and main reason behind the price falling is because Bitcoin, Bitcoin is the major cause the drop the price because the price of Bitcoin increased very fastly and the same time other altcoin prices also increased a lot in the market and this makes to decreases the price very lower in the market.