Now, what's going on?

[george_hured]

Not long ago there was a breaking of a large exchange, it seems to me that this event is a consequence of what we are seeing today, because it is exactly such actions that really affect the bitcoin very much.

[davit putra]

I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline?
is this only temporary?
please share the information you know, would love to hear it.

I think because of so much negative news that people panic and they sell bitcoin for a low price, more and more people are selling the bitcoin price will go down further, and it will continue if people are more negative thinking with bitcoin.

[Alex077]

I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline?
is this only temporary?
please share the information you know, would love to hear it.

What's happened: all large exchanges are required to disclose information on trading operations - this is a common negative, and the sharp drop happened because of the hack of the Korean exchange Coinrail, although the amount of the stolen is only 37 million dollars, it still brought down bitcoin for 1000 dollars.

[sergikrnd]

On the Internet, many reasons are voiced. But that's all hyped manipulation . For example, one of them: Hacked the Korean exchange Coinrail and regulators began to torment Bitstamp, Kraken, Coinbase and itBit

[abake]

https://cointelegraph.com/news/wsj-cme-and-btc-exchange-dispute-led-us-regulators-to-open-price-manipulation-probe
There is this news i read from coin telegraph, kindly read through if only it would help up to an extent. Thanks

[BillCoin]

The big problem about the cryptocurrency market that it is completely ruled up by speculators , I believe that the reason for the recent declines in price is that the price of bitcoin didn't really go up at all at the last years and investors are now trying to escape.
It's all about demand and supply and seems like that the supply  rate is just being increases during the past few weeks and the demand rate remains the same.

As a long term holder I don't really care about short-term price movements as I think that the techonology that drives bitcoin is here  to stay.

[MrAntonius]

Yes, I'm also a little alarmed today the situation with the price. Here I sit now and I think, whether now to buy bitcoin or to wait until tomorrow? how will the price change up or down? from the rules i know that you need to buy parts 25% today, 25% tomorrow or 50\50. What you think?

[metalice]

now the manipulation of the market! do not worry! soon the market will return to normal! I think in the fall we will see again a big price rise!

[trina]

I think it's only temporary, do not worry soon bitcoin will go back up, wait in august, all your dreams will come true if you buy and hold bitcoin from now, do it and laugh after that all happened.

[redfin31]

I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline?
is this only temporary?
please share the information you know, would love to hear it.

unfortunately, no one knows it will be for a long time or temporary. but i hear It is because of the one of exchange got hacked, i don't know exactly. we just can to hope it just for temporary and the market will rise again soon.

[braZZers123]

I think it's specially done so that the rich bought more at a low price, the price should go up soon.  I hope so.

[funchiestz]

The security vulnerabilities of crypto money markets affect us. The market is still very fragile and such security issues are having a negative impact.

[Aniwura]

The dump of bitcoin or altcoins is a normal occurrence in the crypto space and it has never been permanent. The marking is still undergoing some corrections. Some are dumping due to fear of what would happen. News easily scare some people and that is what makes them to dump their coins.

[cerahb01]

If ultimately  know that Bitcoin will rise at its peak, why worry when Bitcoin comes down? I'm sure this is only temporary. If there goes down there will definitely go up. Therefore hold all the assets you have. Be patient

[AlanShlafter]

I saw a big dump last night until bitcoin and altcoin had a pretty deep decline. do you think what makes this decline?
is this only temporary?
please share the information you know, would love to hear it.

As always in crypto market, these price flactuations are temporary. Bitcoin and altcoins will soon become green. Bu also price gain will not be absolute, market position can always change since it's not stable.

[padcoin]

hi as usual it is some market life with up and down inrelation with news fake news and big whales, time to hols again; it is already halfd year in red

[BigDig]

Nobody has any specific information, as I understand it. Now you can only watch the development of events and wait until the blood bath is over. New big players are going to enter the market and perhaps the current situation is created by them artificially.

[Larrymili]

No market stand stagnant forever, every market must a period when prices go low, so we are Suprise at crypto market. I strongly believe that it will rise up again, so let's keep buying more for profit later.

[Prod]

As usual, they dropped the prices to buy at the bottoms. We are waiting for the issue of Tezer from up again. This will continue for another two or three years. No one can say for sure.

[CopMom]

The fact that the exchange rate of the BTC fell to the support of $ 6,000 is a positive sign because, after the exchange rate cut, the BTC is expected to rise to $ 10,000 or more. Reducing the exchange rate is only temporary, so you should hold the cryptos and wait until the exchange rate rises again in the next few weeks.