Why is the Crypto Market going down?

[Huntler1993]

In fact the market is really bad currently but that is the trend and i think getting used to it will help a lot. Really don't know how much you've invested in crypto but i think getting patience and having hope is the best at the moment. There is too much tension in the market now but never give up

[eagleman]

Nothing unusual. The bubble should have been blown away. This is a huge reservoir for making money by big players and just so it will not disappear anywhere. A new, more powerful growth cycle will come, but only when all the extra passengers are unloaded))

They made much money already but I think this wave isn't the final.
There's more to come for these huge players and these passengers that are just riding the market for their short term purpose will be eliminated and are the ones that will always say that the market will go down.

[maxilopez]

manipulation by the whales. I think that soon everything will satnet to their mesats and we will again be able to earn good money on cryptocurrency

[bamb]

There is a lots of competition and unwholesome practise when it comes to creating coin and upgrade in cryptocurrency! Though, end result is glaring, but it is not easy to wait and see your money plummet down to zeros!

[Mihho]

I hope that the cryptocurrency market goes down only because the whales are making an artificial lowering. That means growth will start soon.

[Rogkim1]

The market environment is not good for present situation because everyone is dumping their coins for low price and just making money so this is also the main reason for market is getting down.

The main reason for the manipulation of the owners of large capitals. They do not want people from the stock market to come to the crypto market, so they staged a huge price drop.

[Gasolindance]

In my opinion it is the worst time for cryptocurrency now. But bottom will reach soon, if was not. Anyway all will be ok, I think.

[jemarie20]

This things is not new, Its proves that digital currency has changeable price and any time the price can change, depends on what we are doing as crypto buyers and user.

[coinbirds]

The market was in a declining trend the whole year with some stable periods.
The recent crash has caused panic selling of many investors and it seems that the market has still not found the bottom.

[chadtn]

It all comes down to the fear of investors and a sense of uncertainty.
The SEC still can not give instructions on how the institutional investor should act.

[hellyah070]

It has been a long Bear year.
Bitcoin went down by $1000 in a matter of minutes 2 days ago.
Ethereum is dying.
What is going on?

I think the reason is because of many FUD's that is circling around the cryptospace and it affects many holders to sell their coins for fiat and that's why the market situation gets worst. After all these selling we should expect that many will going to buy and the market will grow again.

[Mianae]

The market saw a very heavy pump and new dumb money flowing in early this year. Currently the market is facing all round manipulations to bring it back to where it was before the huge gains. The year is a bearish year. Never knew it will drag this long I just hope this ain't the end yet

[Galley]

The situation is now the opposite of what was almost a year ago. The sharp rise in cryptocurrency in price has caused a huge stir in society. The result was a huge influx of funds. And now we see the reverse process, with the outflow of funds in Fiat and big losses for those who were not entirely in the subject of the crypt.

[Arata]

What is happening now is crypto in conditions that are in crisis and are undergoing an annual cycle, this is indeed a worrying condition but this is normal in the crypto world, and slowly the condition will recover and this requires time, we will be better still patient and confident for the future it will return to normal

[tom14cat14]

I will tell you one thing, nobody knows a bit what is going on with crypto. All this schemes and predictions, they don't work. Everyone is hoping for the better future, even me, but we don't know exactly what will happen tomorrow

[manbota]

It has been a long Bear year.
Bitcoin went down by $1000 in a matter of minutes 2 days ago.
Ethereum is dying.
What is going on?

At one time, the market showed a rapid increase in its prices. Therefore, it is quite logical that at a certain point there should have been a financial correction. Of course, such a correction in the crypto market turned out to be too long. Therefore, it is likely that from next year we can again see an active appreciation of good cryptocurrencies.

[laoou]

The collapse of Ethereum is inevitable. Since Ethereum cannot protect $500, many developers have sold Ethereum. The collapse of cryptocurrency is inevitable and the bubble is too serious. Some coins of no value must disappear.

[Ivanmikronov]

Everything is simple, big money bags want to buy cryptocurrencies at a low price, they artificially caused panic and everyone got scared, started to sell bitcoin at any price. Don't do this ever, we are killing the market.

[James678]

Crypto is going down simply because of low liquidity.
It is a pity,but market is a competitive thing and strongest alts compete with small projects.

[BlackRacerX]

It has been a long Bear year.
Bitcoin went down by $1000 in a matter of minutes 2 days ago.
Ethereum is dying.
What is going on?

Probably because everyone thought that at the last quarter or the remaining months of the year, cryptocurrency will start recovering health. But the market somehow remained the same after the spike last year. Right now, the market for most cryptocurrencies have dropped significantly.