what causes the price of altcoin down?

[Thyaga]

I think the entire of the market price go down so that the altcoin price affected or maybe people are dumping the altcoin so the price go down...The price continues to decline its because the negative issues..

negative issue? Crypto world is currently being hit by a negative issue?

[Alex Foman]

My opinion is probably a flaw. After all, many not bad crypto-currencies are falling in the market due to their shortage. It seems to be a good indicator and not a bad functional base. But small unfinished things. Do not give a full rise and develop a crypt.

[Nemonemo]

If I personally think the price of altcoins dropped was due to the decline in the price of bitcoin,
because I think the price of the altcoin depends on the price of bitcoin,
so if the price of bitcoin goes up then the altcoin will also go up and vice versa too

[RohitMalhotra123]

I think it is totally effected by negative peoples and it depends on Bitcoin. If Bitcoin down price of altcoin is also down.

[louisBSAS]

I think that large players from the stock market came to the market of crypto currency.
And they started their dirty manipulation with the goal of earning as much money as possible.

[Haynes]

It depends on Altcoin for its future project.
If the future project is good then I make sure that the Altcoins price will rise.

But if you don't have a vision and mission for the future, the price will continue to go down and down to the bottom.

[opte masa]

Now, there are a lot of worthy, promising crypts. Which appear more and more often. And they create colossal competition for others.

[pryzh]

Cash is spent just to haul down the value so they can purchase the less expensive coins. Now and then you can't trust these enormous bitcoin organizations its fair them that made these news to play the littler financial specialists. In the event that you frenzy and offer the tokens you hold, you unquestionably lose the cash you have.

[Podscart]

Man bitcoin wild ups and down cause it all. Imagine if we suddenly go up for about 10% all alts almost will bleed too, people will chase BTC, that's the same if BTC goes down. people will hedge into fiat with selling theirs alts into btc into fiat.

[funkenschuster]

The market is falling, the altcoin will normally fall, or there might be an ever increasing number of monetary standards in the market, maybe the diminishment of free market activity, maybe identified with whales, these are my own theories, all things considered, such a major market, not all that simple to see through.

[cryptosuotor]

It's because of increase in total supply of bitcoin,
ethereum and bitcoin cash.
Altcoin price drop down too because many people are investigating on bitcoin being the pillar of other cryptocurrency.

[dovandat1995]

Since alts are still tied to the price of Bitcoin, whenever bitcoin price drops so does alts price. The only time alts pump is when the btc price stabilizes.

[Beyerd17]

Since alts are still tied to the price of Bitcoin, whenever bitcoin price drops so does alts price. The only time alts pump is when the btc price stabilizes.

The price of altcoins is reverting to its mean. Was to inflated to begin with, now returning to normalcy.

[molla_corda]

As usual-high market volatility, such as fluctuations in the same Bitcoin, a massive decline in the value of a number of alternative currencies.

[Tanya12356]

Bitcoin is the flagship of all crypto. If the price of bitcoin grows, then the altkoins grow, if down, everything is down.

[Felic43]

Time is always created to buy altcoin that why sometime price is so dip so we should be wise and take the the oppursunity and invest i think price is meant to fall in some certain period

[hell_slayer]

Currently all altcoins suffering from a bearish market . It doesn't matter what team it have , or news they release it just will be dumped because everyone is selling alts . But bears won't rule forever and I hope market will turn into green very soon .

[cryptolord2077]

First of all, this is the price of bitcoin. Bitcoin is the most popular crypto currency. Interest in the entire market depends on interest in bitcoins.

[FIREBALL24]

Many of them just don't have any product, MWP or something like that. Only promises and nothing more. I think it's the main reason.

I think altcoin was depended on bitcoin market in where It bases at the demand and supply while its on dump much better to hodl because this coin has a potential also for sure at the end of this year it will regulated again to higher prices .

[CircularLoGic]

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

Because this is a speculative market, prices are changing with funds flows and today many investors prefer to hold funds in BTC, it is the most stable coin (judging by the current situation).