Crypto asset prices weaken

[aruldaroy]

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

[traderethereum]

I hope you are not too worried because it looks like the market is experiencing another correction at the end of this week and hopefully, next week, the market price can rise again higher.
Almost all altcoins have experienced a decline because they followed the movement of bitcoin down and back to the $40k level so we have to calm down and wait for the right time to buy at a low price.
Yes, it is a loss but didn't we already profit from the previous gain?
It is our chance to buy more with the profit we already got, so better take that opportunity.

[Kemarit]

It's not just crypto market that has weaken or lost so much value in the last 24 hours, even the stock market crashes today due to the news of the looming war in Russia.

So that's worrisome for the majority and perhaps it trigger another sell-off in the market. On the other hand, maybe Russians and Ukrainians will see the potential of hedging their wealth on crypto. So we will see if there will be lingering effects in the next two days.

[virasog]

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

If you are not new in the market, you should be use to such types of dumps and corrections in the market. We have seen even bigger dumps and markets recover after that period.
There is no need to panic unless you have taken trades in futures market and have fear of liquidation of positions.
Anyhow, the overall altcoin market is very weak now and altcoins dumps a greater percentage as compare to bitcoins.

[Sarah Azhari]

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

that's how it is when trading, you shouldn't leave the market while red, don't be late to sold the assest when hearing Roar of sirene

[Al Qiyamah]

Yes, that's how the crypto world has always been right, when the price is high we take profit and when the price is low we have no other choice but to hold on, the important thing is not to panic. In fact, this is an opportunity to buy tokens according to the money we have. Hopefully it won't drop too much again. And whatever issues that caused this to happen can soon pass.

[takngantuk]

if you see market today you will see everything is plummet not just crypto, stock as well the war between russia and ukraine the fed with interest rate and inflation rate goes high people will save the money for stable coin right now

i saw bunch video that discussing about this on youtube "The tappering will exist for 2 years" "Crypto Winter and the bearish taking over"

You're right, the issue of the Russia-Ukraine war has become a hot topic in recent weeks and this has caused the stock market, especially Europe, to also experience a decline. so it's not just in the crypto market. plus the news that the fed wants to raise interest rates month by exacerbating the current situation. bitcoin is above 40k, which is actually a great thing so far. given a lot of negative speculation thriving, I wouldn't be surprised to see bitcoin fall deeper.

[michellee]

Be prepared for a decline that has already occurred and may fall further. That's all we can do but you'll get a good chance to buy as much as you want, especially if the price drops further. But hopefully the bitcoin price doesn't drop below $40k but can stabilize at current levels. Market conditions are indeed going down but you should not panic. Many reasons cause the market to decline once again but unfortunately we don't know exactly what happened and are just guessing. Hopefully after this, the market will get another green candle and the coins in the market can rally to higher prices.

[blockman]

Of course this is a big loss for the crypto market today.

I don't think so. Bitcoin was $33k a few week/s ago and we're still up from that price if we're looking at bitcoin's price today. I'm just realizing that we're still up from that point.
And what we should do is analyze if we're really at loss from the lowest that we've seen. Because if we're going to analyze it, everyone who has bought at that dip is up by now. But if not, it's an individual's loss but not as big that you say for the market.

[LostEcho]

Correction is a necessity in crypto market but this one seem different, BTC is getting weaker and weaker as you can see it's finding it hard to reclaim past ATH again, this will go on for some while till stronger bears finally take over.

[bitkanu]

Of course this is a big loss for the crypto market today.

I would like to call that as a correction rather than a loses and it's caused by as long as people still holding their assets and it can go back again anytime soon. I do know that so many people are feeling worry once the big dump happened but this is as a reaction from latest news that comes from The FED. We know that the world economy is not stable right now and the bearish market is a common thing right now.
Im sure that the recovery will come soon but it seems like this will take even longer for bitcoin to surpass 45k again.
The inflation has become major problem for almost all of countries.

[fvb]

All these negative news undoubtedly affect the movement of the market. The media is pumping the community with constant bad news and I don't think you should believe it too much. Without positive thinking, it is very difficult to live in our time. And as telefy wrote in his post above on the topic of the forecast for the fall of two coins, I very much doubt it.

[makishart]

It's not even bigger compared with bitcoin got dumped from more than 45k to the around 32k in two days. This was the worst dump that i have ever seen after 2020 dump that was making bitcoin jumping from the top to the bottom in a short time. It seems like bitcoin will be going even deeper again. The tention between rusia and ukrain was triggering so many things to go down like stock and crypto. Remember that even oil being affected caused by this problem. The price of crypto is going down but i hope if this just temporary or bitcoin will not go down below 40k. that will be a disaster if that will be happening.

[shinratensei_]

This may be a problem for some people but for me, this is another golden chance to accumulate more tokens. I have sold some altcoins when the price of bitcoin was touching around 44k and im so glad to take another profit in a short time. This dump is just temporary. So many people are getting fear due to the announcement that has already been made by the fed. It needs more time for the market to recover. The problem is global economy is not good right now. Any countries face very big inflation like US. People are preparing themselves for the worst thing that can happen anytime soon. You must not be scared to see the red candle as long as it can defend 40k price and that's fine. Ah we break 39k and this may not become a good sign for us.

[Maslate]

I've seen that many times dude, it's not new to me.

The only trend I saw now based IMO is that the market started to be bearish already, a bounce-back is not strong enough to break the walls, and since the bull run has happened last year, then we have to expect that anytime big correction may come, be ready for the dip.

[JeffBrad12]

Pump and dump was just a common thing in the crypto market and i think people have seen this so many times and they are already familiar with the dump that happened instantly. The crypto market is not weakening but it's only following the stock market. The stock market is facing a big dump like crypto. There was also a similarity between both. The big company stock was also going down. There will always be a pump after dump. bitcoin has been dumped to the almost 30k last few months and it will not repeat again. BItcoin will be very stronger right now. This is just a matter of time until it will be going back again to the 44k. This movement is always repeating anytime. People must not feel surprised.

[wxa7115]

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

Without a doubt it is an important loss but this is something that we have seen many times before, so for those that have been around this market for some time this is nothing new.

However what I am worried about are the newbies, this kind of drop in the price is something they are not really used to and even if we have experimented a few drops like these during the last months it is possible they have sold their coins in panic and a whale took advantage of this and bought cheap bitcoin from them, however if they cannot endure such a drop in the market and still hold their coins then it is likely that if they did not sold their coins now they would have done so at some point in the future anyway.

[Jackl87]

Last Thursday, February 17, 2022, the crypto market faltered and lost 11.24 percent in 24 hours.
Until the movement of Bitcoin again experienced a bearish trend until it fell 0.19 percent in 24 hours.
Likewise, Ethereum experienced the same thing as Bitcoin, losing 0.36 percent in 24 hours.
And Dogecoin and Cardano also suffered losses, dropping 0.88 percent and 0.57 percent, respectively.

Of course this is a big loss for the crypto market today.

I also saw the recent losses of the crypto market yesterday and to be honest this time i was very surprised about that, as i did not see any news or other event yet that was the clear trigger for that downward price movement. Sadly it seems like the downward trend has not stopped yet and i just hope that we don't go too much lower from here on. Looking at my portfolio really hurts at the moment as it consists mainly of pretty new and small altcoins which always suffer the hardest during a bear market or even an unstable market. We would need a pretty long phase of stability and growth in the bigger projects and then the smaller caps could start to grow again too.

[TastyChillySauce00]

seems like your normal, ordinary cryptocurrency market with all of its volatility maybe because it surely is, that kind of volatility and fluctuation that could brings the market valuation down around 11% is rather normal, we have all seen a lot worst market correction that happens in a blink of an eye and already bring down the valuation of the market around -30% but the market could still strive and reached new ATH in the past.
the point is, the market of cryptocurrency over all is rather a lot more volatile and fluctuative if you compare it with a lot different market like golds, but it’s more or less just like stocks, it could go down literally in really short amount of time and it could recover back in short time, the thing that really matters is long term performance, just my 2 cents.

[Rengga Jati]

Of course this is a big loss for the crypto market today.

Hasn't this been happening all along?
The crypto market is very volatile, especially these days. We can see that the crypto market is going up drastically in a day. But on the next day, the crypto market will fall even 2x from the previous increase. This happens very often, but don't let this be too much of a worry.
Because with excessive worry, the fear will make us panic and sell our assets, even though prices are falling.
Be patient, once again.