Alt coins are in red again ??

[K0korap]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

if you're going to refer to the graph of BTc over the year it is  quite evident that it has a correction period and given that all of these coins are affected by the btc so there you go. I think what's happening is really part of the "correction" period as they call it in this community and it will sure get some pump afterwards. This  is the reason you get so many threads right now about how great an opportunity this time is.

[1714997091]

1714997091

[mhine07]

In the world of cryptocurrency the drops of value of altcoins and bitcoin is just normal , because when the king drops its value the rest of the altcoins follows to drops and vice versa. Bitcoin affects all altcoins when its value go dip that is why almost of the altcoins now in cryptomarket is in red color. But this event will be back to normal once bitcoin will rise in its value.

[valnd]

Yeah alts are in because of recent Indian FUD where there is a false news of Indian banning crypto trading in the country and also asia new year is fasting approaching some people are cashing out. you can check out this article to find out more. https://goo.gl/qT9csn

[dobolspeed3]

Why Alt the red coins again? maybe it's very reasonable in a trade because the graph definitely shows up and down a coin. But the future will continue to rise. I'm sure of that.

[Fredchan]

I am despondent. Due to the slump, I doubt the future of altcoin. Maybe most altcoin will die in the future.

[rhyo3232]

this always happens at the beginning of the year as this bitcoin will decrease very much, followed by other altcoin. but in the next few months I'm sure the price will rise again.

[haiminh32]

crypto market crash always start with altcoins. This is scary for me.
I am all in to crypto and this will blow up. I hope we are not going under 10k for bitcoin .

[Newboybb]

Because there was too much bad news recently, the Indian government to ban the bitcoin (false), South Korea to enter the encryption of the cryptocurrency market implement real-name system, facebook  ban advertising ICO...

[anamie]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

Because of bitcoin price still dropping and there's so much fuds about cryptocurreny that's why all altcoin are down, this just a market correction, only weak hands are get losses in this situation, im just holding my coin 

[emmybd]

It is certainly a bad news for a lot of investors who have suffered losses but it is also an opportunity for many to invest. If you invest now, when the market recovers again, it will be profitable for you.

[bvg96634]

altcoin's price was decreased and still decreasing because before a month in china and korea they will announced that the country's are banned cryptocurrency so all are sold the crypts so increased the crypto coins so decreasing cryptos price.

[sirkings0003]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

For me, I would say that the markets are responding to another fear, uncertainty and doubt concerning some ban news that emerged recently in the media. The markets will definitely come back to green, just like some clarifications and explanations about ban statements are already emerging.

[Balab01]

This new trend becomes a regularity. But all this is rather looks like the last gasp of the market..

[bebekbakar]

the token price itself determines whether something will be the future? and if we have a token that is so stout, chances are we can use it to be creative in the world of cripto

[Nureni]

Things will be fine soon it is just a market correct beseeching you not to panic sell the greens are around the corner.

[Ariess]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

I think this is the result of last year's correction, yes. this is the impact and almost every year it happens. now the market is turning green again, I think maybe this is the answer from the last result of all the correction and the despair of several cases that happened.

[Hamstead]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

I think this is the result of last year's correction, yes. this is the impact and almost every year it happens. now the market is turning green again, I think maybe this is the answer from the last result of all the correction and the despair of several cases that happened.

Somewhat to say that,  we are getting into bright day.  Do it won't be fast in recovering it's dip but it really recognized that it is started to grow slowly.  Hoping it will continuously climb high as it could make crypto members of not getting mad at all.

[davidroux]

yah, the price are falling down, the red covers the whole market, but i think when investors or traders finish their cutting loss while the other  join the market . that's the motivation for the market  to recover

[trickyriky]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

Most of the coins reached its bottom price line yet. I think that now we see some speculation activities on the market. For big holders influencing on price  is a way to make predicted fluctuations and get the profits of it.

[Bardman]

People just keep panicking because they want short term gains. The market made huge gains, it couldn't continue like that just with demand. The whole marketcap was 200B only 3 months ago, it's still around 400B now, that's amazing, the growth just wasn't healthy.