what causes the price of altcoin down?

[Orsen]

To the lower price of coins leads the market itself, because the whole market is equal to the top coins, and if they are in a bad price, then the whole market is so!

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[wiak2]

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

Altcoins really depends on many factors on the market. First of all, the negative news from some countries, the deterioration of the BTC and other factors have frightened many investors. So they decided to sell their coins. But the situation is temporary, the restoration will begin next year.

[harm]

The elements of altcoins' decrease are the expanding number of new coins developing in the crypto, the expanding measure of mass exchanging at the time the crypto cost is declining, the measure of interest for altcoins has dropped significantly. These things make altcoins extremely helpless against the circumstance. At the point when costs are falling this is the ideal time to make a buy.

[Niam_bakri]

to my knowledge all because of bad news about bitcoin or crypto in general. but the role of bitcoin which is down is very large because the decline can drive the overall market price. not to mention now the effects of usd are continuing to strengthen.

[SERGOSTAP]

Because all the coins have fallen in price. Not only altcoins, the whole market is falling. The market capitalization is decreasing, some investors are changing the altkoins to bitcoin and other top coins.
I think the main reason is the binding of all coins to bitcoin.

[StevenCS]

crypto market conditions depend heavily on the good and bad news that appears and are related to the crypto world, for now crypto relies heavily on submitting ETF to SEC

[mksundip]

I see the small volume of trading volume in the cryptocurrency market, and I start to think if the crypto market is also affected by fiat?

[funkenschuster]

The cost of bitcoin specifically impacts the other altcoin, characteristically connected, yet from my perspective, I think it is a direct result of the controls of cryptographic forms of money in specific nations and the absence of learning about certain altcoin that can work over those directions , privcy for instance, permits the utilization of its position of safety digital money, which enables its clients to keep their coins without being casualties of controls without reason.

[gorokill]

The law of supply and demand is a factor that influences altcoin prices. but usually every time the price of bitcoin falls, the price of altcoin also falls and the price of altcoin falls usually greater than bitcoin.

[mandeepcrypto]

 The price of Bitcoin goes down it effects all the coins. This is the main reason to drop the price of all the coins, secondly when the price of coin dropping people become panic and starts to sell the coin.

[Topmenx7x]

The decline in the price of altcoin in the first place led to a drop in the price of bitcoin. Since altcoin is a fairly young currency, they largely depend on the rise and fall of the price of the most popular cryptocurrency.

All coins are always watching and following bitcoin price and this is normal. Bitcoin is the leader of coins and it will be forever

[Divere1996]

I suppose largest motive is awful information and new events and marketplace situation. marketplace state of affairs is very bad last seven months and big traders do no longer trust the cyrptomarket.

[cobra.artemon]

The law of supply and demand is a factor that influences altcoin prices. but usually every time the price of bitcoin falls, the price of altcoin also falls and the price of altcoin falls usually greater than bitcoin.

when bitcoin grows - altcoins behind him in most cases do not grow, and then fall but not so severely.

[alberdina]

This price is very in to influence by negative news that is currently circulating. A great many countries that do not provide permission about crypto. So that such information could influence investors to create panic. With the fall in the price of the coin, it could be used to invest. Because the coins will certainly back up again.

[ParkSaezz]

If that decline is certainly due to the fluctuations are occurring and indeed it is common. Or even this is also due to the influence of very bitcoin can affect the State of the market so as to make altcoin into the smaller value.

[Gaquaduonier]

It seems to me that the market is run by the same maybe few thousand people maybe even one hundred people and they just keep manipulating the price of everything. Nobody is going to make money unless you swing trade like they clearly do.

[Topmenx7x]

The decline in the price of altcoin in the first place led to a drop in the price of bitcoin. Since altcoin is a fairly young currency, they largely depend on the rise and fall of the price of the most popular cryptocurrency.

I think that world crisys also have some influence to this process so all we have to do is wait and hope that market will go up again and we will back or money in the future

[Malya_alkendy]

The price of the cryptocurrency coin can rise at any time and can also go down, and I do not agree with you who say the price of altcoin is always down and down. the time will come, the price of crypyocurrency digital coins will be high again, and the crypto coin holders will succeed.

[raven.tiu17]

The Market is under Manipulation and if you'll going to look up on the chart still the market is on lesser volatility. I'm sure people from the cryptospace are very bullish on crypto asset.

[coinbirds]

There is a declining trend on the market since January 2018 and altcoins are affected even more than BTC and losing their market share comparing to it.