Reason behind this sudden fall of btc

[Underlord]

The reason why bitcoin really falls right now is because of the many things that happen out there. Such negative news about bitcoin or some world events such as rising oil prices and economic crises in some countries. This may affect bitcoin for a while, and bitcoin will increase again.

[Chicryptomama]

The sudden fall in bitcoin happened after south korea cryptocurrency exchange coinrail said it was hit by hackers over the weekend...This became a growing concern about security leading to a sell-off by bitcoin long term investors and hodlers

[Em00n01]

I don't know what exactly happening. But I think the price is falling because of recent Fud and Hack. Coinrail losses 40 million dollars in recent hack.

[btcluisdiki]

I think that what happened in this sudden bear market could be due to FUD, negativity from social media news and whale investors manipulation in the price. With this,  since btc is very volatile,  price had been affected tremendously.  But I still believe btc will recover in the coming months.

[sabihanazir]

 I think there are many reasons behind this sudden fall of btc. Such negative news about bitcoin or some world events such as rising oil prices and economic crises in some countries. Other reason is that there is low demand in the market. The main reason is most of the investors withdraw their money from the market as a result the coin is affected based.

[loraalbert]

Anyone knows the reason behind this sudden fall i listen some fud from Vietnam anything else going on
When moon ? 😢

It is a reality of the crypto market. Whenever the bitcoin value collapses or it fluctuates slightly than normal. It means that FUD will be rampant in the market and investors easily give up their bitcoin for a low price. > 50 billion market capitalization has been blown in the past two days. When the panic is over, I think this will cause bitcoins to fly to the moon sooner. Be patient for bigger goals.

[Magiciansmate]

Anyone knows the reason behind this sudden fall i listen some fud from Vietnam anything else going on
When moon ? 😢

It is a reality of the crypto market. Whenever the bitcoin value collapses or it fluctuates slightly than normal. It means that FUD will be rampant in the market and investors easily give up their bitcoin for a low price. > 50 billion market capitalization has been blown in the past two days. When the panic is over, I think this will cause bitcoins to fly to the moon sooner. Be patient for bigger goals.

Main reason is the South Korea weekend hack from coinrail. $40 million was stolen.

[cpoer2011]

I think another reason that made fall of BTC is probably the world cup of soccer will begin a few more days. I don't know but I heard about that is affect to bitcoin because of the bet matter. sorry if I make the wrong reason and unrelated with it

[sakahayang]

News from Vietnam is indeed not good for bitcoin. I think this affects the current price, because one of the prices can go up or down is from good or bad news about bitcoin.
I hope the news quickly sinks to the bottom of the sea, so that prices in the market can return to normal

[crzy]

I think another reason that made fall of BTC is probably the world cup of soccer will begin a few more days. I don't know but I heard about that is affect to bitcoin because of the bet matter. sorry if I make the wrong reason and unrelated with it

Anything can be a reason for the fall of bitcoin, there is really no reason behind this but I think the sudden fall is because of people are panicking every time there is a negative news about it. This is just a short term fall or dump and expect a higher price this year because bull market will come again.

[orayorayan2]

indeed the ups and downs of bitcoin prices are very extreme now more and more negative news about bitcoin and some countries with a strong economy against bitcoin and cryptocurency system I think it can affect the drop in value or bitcoin prices Because people doubt the benefits of bitcoin and are not interested to invest in bitcoin so that bitcoin marketing becomes less

[bontkoli01]

Don't make the situation much complicated by searching for a reason for this fall. This fluctuations are very natural and it will be recovred too very soon. Just be patient and stop spreading fuds.

[BarbieCasino]

Don't make the situation much complicated by searching for a reason for this fall. This fluctuations are very natural and it will be recovred too very soon. Just be patient and stop spreading fuds.

Bitcoin always quickly recovered their target price. but some of new investors are afraid from price and sell their bitcoin and some of those peoples who sold their bitcoin on profit and want buy cheap in price bitcoin they spread FUD news about bitcoin just for their profit. but we all know bitcoin will give us highest profit in the end of this year we should just hold. and their are alot of Muslims brother who doing trade in bitcoin they sell their bitcoin for EID festival i think this is he reason behind falling the price.

[mindrust]

FED interest rate hikes...

Every altcoin, bitcoin and emerging market currencies (shitcoins) are losing against the dollar.

Stay positive.

I don't think the US is strong enough to survive this carnage.

[Maame Esi Sergio]

Yes, because people want to see it go down. There are no regulatory bodies and a lot of news about governments criticisms. Also, whales have also realized many are entering into the market only to hit and run, so they intend manipulate the market for their own good. I cant imagine. crypto is really going down

[Kakmakr]

The US is going after traders who manipulate the market and demanded trading data from a number of companies. This scared the pump and dumpers who sold everything and caused this small drop. The regulators are very pro bitcoin and it's by no means a moment to be scared.

Hell, dumping will not wipe out the trading history.    They might be scared that their accounts might be red flagged and the coins in those accounts being seized by the authorities. In most cases these people will just get a huge fine and they will just move to other platforms where these KYC/AML is not a requirement for trading.

The Bankers nearly destroyed the global economy and they got huge bonuses. 

[Thanasis]

Don't make the situation much complicated by searching for a reason for this fall. This fluctuations are very natural and it will be recovred too very soon. Just be patient and stop spreading fuds.

Actually finding the reason for the price fall is a good thing because most of the people selling their coins just for the panic that price will fall more so if we can find the reason ehind this then people can be calm and start holding their coins,but me too don't know the actual reason but the price is still dumping gain maybe it will fall below $6000 soon.

[rumexx]

There is this hacking that happened with an exchange is South Korea though it has been mitigated but the FUD around it was enough to push the price down. It will reverse soon.

[vv181]

Actually, the reason is simple, there is lack of an interested buyer for Bitcoin, and the selling power is high. I'm started to think the $6K could be the bottom for Bitcoin since its a strong support.

[iamMhew]

FUDS are everywhere, when theres a good coins suddenly pumping, FUDS about that coins will surly exist and thats the reason of falling/dip in price, like in bitcoin, not just because of FUDS that causing of its falls in the market but include all newbie investors who got more panic when they saw bitcoin price falls int to the deep, they are all want to cut loses and selling rush their bitcoin into a low price, so that is one of the reasons why bitcoin price falls, but surly after this fall, it will pump again.