Why are all cryptos dropping in price?

[Muhammad zen]

After I read an article and watch Channel about bitcoin turns bitcoin price down included the existence of prohibition for the floating for example in China And Facebook will also ban advertising in Facebook itself. But not yet known whether Facebook will actually prohibit advertising about bitcoin and similar Dan Facebook juga akan melarang adanya periklanan di dalam Facebook itu sendiri. But not yet known whether Facebook will really prohibit ads about bitcoin and similar coins

[Dmitrii6851]

Why are all cryptos dropping in price?

вce ж зaвиcит к coжaлeнию oт биткa,битoк вниз и вce вниз,битoк ввepx и вce ввepx))

[gawer33]

Because most of the exchanges are using BTC to buy altcoins thus when BTC falls the sat wise value of coin per USD/fiat will drop and when BTC goes up sat value also goes up, it also affects other trading pairs if the volume of BTC pair is higher (AKA arbitrage trading) the pair will lower value will be bought more and will be sold to the pair with higher value until in balance out.

[Andatello]

Its probably a combination of factors. A bank in UK has hit headlines recently stopping users from buying bitcoin. Hopefully it will bounce back before too long.

[block5561]

because similar to other emerging markets, the crypto market is small, unstable, irrational and filled with unsophisticated players with little or no information to guide their decision making - which magnifies the herd effect leading to immense fluctuations in price.

[Dmitrii6851]

Why are all cryptos dropping in price?

вce ж зaвиcит к coжaлeнию oт биткoинa,биткoинa вниз и вce вниз,биткoин ввepx и вce ввepx))

[CryptoLex]

Mostly to due with FUD and  many new investors getting overwhelmed with the volicity of the crypto market imo

[ItsME87]

There is so many factors which impact crypto currencies! Just recalling recent happenings, the dropping stock exchange markets for sure had a negative impact on btc and other currencies. Then there is the SEC which is trying to find an approach how to safeguard investors. Chineses government who is setting strict rules and even prohibiting any token sales.

[LuXSuR]

Pынoк дaвят южнaя Кopeя, Китaй и Индия. Cвoими зaпpeтaми, peгyлиpoвкaми и вcякими пaлкaми в кoлeca. плoxиe нoвocти. Этo и вызывaeт пaникy y людeй. Из чeгo и cлeдyeт пpoдaжa вaлют (вaлoвaя)

[pozitivist]

Mнe пoчeмy-тo кaжeтcя, чтo нoвocти нe тaк cильнo влияют нa кypc, кaк кpyпныe игpoки c иx зaкyпкaми и cбpocaми. Дyмaю, имeннo oни зaдaют тoн.

[VirtueX]

Yeah, you should know the 'insides' to predict the exchange rate

[Intellectual Romanticist]

Altcoins do not really drop much in BTC and Eth prices. It's just that CMC shows prices in USD. 0.01 Eth is worth $12 when Eth is $1200 But when Eth drops to $900 that 0.01 goes down to only $9. So altcoins being traded via Ethereum goes down in USD prices as well even though their Eth price didn't move down.

[Patoe]

 It will rise and fall.. but rise again! no need to start panicking, just hold on to your cryptos and buy more at a good price when there's an increase in Bitcoin, it also provides green figures for the rest of the market.

[SevenSign]

If everything is dropping, it's typically normal market movement. They tend to rebound in unison after a while, too. It looks like Bitcoin has hit a record low, but you honestly shouldn't worry about it. Things like this happen all the time. It may seem daunting if you're new to crypto, but at some point you'll just learn to dismiss it. The sooner you can do that, the better.

Meanwhile, here's an article that tries to explain why the market isn't doing too well right now:

https://finance.yahoo.com/news/apos-why-bitcoin-ethereum-ripple-202800064.html

Emphasis on tries, because no one really knows for sure why the market moves the way it does. If it truly is caused by the Bitfinex issue, then we may be stuck in a rut for a while. This whole issue about Tethers was just a disaster waiting to happen from the start.

Thank you for your detailed response. I appreciate it..

Great info. Tnx dude.

[papa-tata]

because too many digital currencies make the currency show the final negative points.
but if the user is panicked I am sure the exchange rate will get worse

[Braydean]

Why are all cryptos dropping in price?

Its because in the fast fewdays their are to many FUD are happen thats why market is down by half. but don't worry market can recover faster just be patience and hodl. 

[tuikindu01]

I think the main reason is that some countries ban bitcoin, the butterfly effect.

[chamara741]

Most of people don't like to trust the BTC. They always think BTC will vanish suddenly & they'll lost their investments.  So when price of BTC drops, those kind of people goes to panic mode & sell their coins to take profits as soon as possible. That is a one reason & some other reasons are regulations of Governments like China & Korea.

[reverseflash]

Aside the technical explanations that comes with it,which i cant explain clearly , it can also be noticed that dropping in price has always being an issue at the beginning of the year for the past few years. Just check the trends for prices in the early months of the past three or four years and you will realize that it is normal for them to drop at this time of the year.

At this time of year, there are many holidays and a lot of expenses. To get more money - is sold more than a crypto currency. Large sales - prices are falling.

[sniper2018]

Maybe because there are more seller of bitcoins rather than buyers or investors.Sometimes in business,we can't control the price in the market because it is always depends on the demands.Even if you have enough supply but if there is no demand,still the price will goes down.