Why is all of the cryptocurrency is down?

[dulce dd121990]

Based on my knowledge gathered from other crypto hunters friends, all altcoins are just following the bitcoin flow. When bitcoin increases altcoins increases, and when bitcoin decreases same with altcoins also. And this is what happened since before i started and as i checked the crypto market trend this is really what happened so as expected what will happen to bitcoin, all alts will follow.

[chandrarahmadewa]

Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?

I see this month there is no negative news about cryptocurrency.
According to my point of view today many cryptocurrency investors use a hot budget, when investors need FIAT, like a domino effect, there is panic in the market.

[zxl912157]

Because there are many who sell and it takes a long time to get back up the price.
I am also the same and ask a lot of questions about this, but how to do it again because this is cryptocurrency.

[CutePanda]

Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?

I think the reason market going down is investors want to cash out their money and too many bad news pooping up in this year. We just need to hold a little bit more and i'm sure december will be a good day for cryptoworld.

[florianuhlemann]

throughout 2018 cryptocurrency die because they were overbought in 2017

[syypro]

There is a lot of news. One of the main ones is HardFork BTCash. But it seems to me not true. Could it have so affected the price of BTC? As for me, this is more connected with CEK checks.

[Torps1]

Crypto has been down for sometimes now, it is possible that too many negative news could be responsible. Normally in time like this, investors expected to get a profit from their investment, instead market is still going down. That's big time panic, you know.

[Dacosta Osei-Tutu]

It is so surprising that just when we were all expecting a bull run, that is when things have turned upside down and almost all coins, including bitcoin itself are seriously down.

[zerocashdev]

The market is falling because the main coins were at the peak of their popularity and now they are not interesting to anyone, so the coin rate is falling, so you need to invest in coins that are not fast or in projects that are not very popular 

[romaleshc]

Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?

I see this month there is no negative news about cryptocurrency.
According to my point of view today many cryptocurrency investors use a hot budget, when investors need FIAT, like a domino effect, there is panic in the market.

I agree with your reply. After the negative news of cryptocurrency related to the refuse of ETF, I don't see any bad news about cryptocurrency. So that the sharply of decreasing is due to the fear of investors, they always panic sell to cut loss when the price slightly rises.

[ay.postnov]

I think panic is making so bad work here(( People are seling their coins and prices going donw more with every day< and I don't know when it will be stopped.

[Niobeh]

I think panic is making so bad work here(( People are seling their coins and prices going donw more with every day< and I don't know when it will be stopped.

Bitcoin is what they bases here in terms of price so while still encountered hype in market all currencies are possible to affect which is they are slowly falling .But just have a strong hands because everything is possible to repeat or surpass last fluctuated price.

[ashaksagnis]

Cause of panic sellers but the smartest will buy more . i dont think that blockchain technology will dissapier.

[basici]

there is no news. it seems to me that the manipulator decided to just roll the prices before we fly to the moon

[zhengqi]

We will never know the true cause of the fall. We can only speculate on this subject. Perhaps this was done in order to get rid of unnecessary people who came to crypto to earn quickly. Maybe there's another reason.

[Lwtelencio]

Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?

I heard that the market just bleeds last 3 months already, I think not many people know that how grave this situation was. I think many investors are interested in how much money will be going back on next year. They just think about the tomorrow and not today

[maculeth]

because everyone sold it at the end of last year after they started buying at the beginning of last year. they or often called whales do the right thing because they buy cheap and sell expensive. so when they all sell the market will drop dramatically, and be followed by other people and eventually make the market go down.

[BennyK]

Many investors anticipated too much for a bull market this November to December, hoping it happens just like last year December, 2017. Once the market showed them no sign of such bull run, most of the naïve investors began to sell off their coins and withdraw from crypto. The recent Bitcoin hashrate from miners also is a contributing factor.

[mrSamuel]

We will never know the true cause of the fall. We can only speculate on this subject. Perhaps this was done in order to get rid of unnecessary people who came to crypto to earn quickly. Maybe there's another reason.

I believe that this reason is the most obvious. In the hands of ordinary people a lot of cryptocurrency is concentrated and the big players want to knock out these coins from weak hands.

[coinsycrip09]

We will never know the true cause of the fall. We can only speculate on this subject. Perhaps this was done in order to get rid of unnecessary people who came to crypto to earn quickly. Maybe there's another reason.

I believe that this reason is the most obvious. In the hands of ordinary people a lot of cryptocurrency is concentrated and the big players want to knock out these coins from weak hands.

maybe you are right,
indeed, many consider crypto to be a very profitable investment and make someone rich in a few seconds. that is why many people are attracted to crypto without knowing much about crypto, so some crypto rulers deliberately make weak coin holders panic and they will take advantage of it.