The prices of all other coins are basically tied to the price of bitcoin and when the price of bitcoin starts falling, then the prices of the other coins starts falling too.
Topic: why all coins are dropping? - page 28. (Read 221995 times)
any body know the reason for current drop?
If you look at the entire market cap then you will see that the market has lost billions in the last couple of weeks which means that there is way too much money leaving the market. The market follows the normal laws of economics and if there is enough demand then the price of the commodity goes up. Right now there is not enough demand so the price of the coin is down. any body know the reason for current drop?
which makes the most sense because the price of bitcoin drops so that it affects all those in crypto. bitcoin is getting lower then the market is also getting lower. it will forever be related.
It's is normal for a volatile market like crypto to have its value go down. It's part of the cycle i think. It will be like this until stability comes to the cryptoworld.
I think the demand is falling. for coins. accordingly, the price tag changes. that's my personal opinion.
The domination of bitcoin is increasing more and more, all the money from the coins flow into bitcoin, so altcoins are falling. But bitcoin itself is not growing, it is not known!
Most altcoins are based on their prices on Bitcoin, if the Bitcoin price goes down, they will surely follow. I think that there are 2 main reasons why the price of the coin falls. First, that we get a lot of bad news from social and media, as some countries prohibit crypto currency. I think that is the main factor affecting the price of coins. Secondly, if there are more sellers than buyers, the price will also go down.
Coins dropping is not a news this time.It has come to stay with us and we will learn to live with that until only God knows the next bull market.The issue with the price dropping is really difficult to single out a reason.There are various factors that influence the market.Recent one is the issue of etf that has affected btc and ETH price hence altcoins corresponding a drop across board since they are the major trading pairs.
I don't believe that there are people who will agree to sell cryptocurrency at current prices and I think that these market falls are manipulations of owners of big exchanges. In any case, we don't need to panic and, if possible, we need to increase the volume of investments so that after the end of the negative trend we can fix a big profit.
I'm sure that all coins and tokens will start growing in the near future. This red band of the market in the near future will turn into green and there will be an agiotage between the companies about leadership.
any body know the reason for current drop?
This happens because the price of Bitcoin is decreasing. Beginners don't buy it because prices and mining occur very hard, and have not changed at all since it was created. Investors prefer coins that develop and become more advanced over time. In this case the altcoin type ether is one that has very good development.
Lol, utter nonsense, which has no connection with reality. The market is crashing due to the fact that there is absolutely no positive news: the ETF was postponed to a later date. September 30 is a decisive date, IMHO.
There are many reasons for that, it is quite normal after the rapid growth of the market. When bitcoin is dropping, definitely other coins will go drop, they are basing in bitcoin's price.
Don't sweat the drop and pick up your buying speed while we are under a quarter billion. You might not get a chance like this again. Most alts are down 90%. If you pick the right one you get into crypto risk free with a huge gain in 6 months.
This altcoins price dropping it is all because of bitcoin price fall, altcoins also depend on the bitcoin price in the market, whatever happen to bitcoin price altcoins are also affected, bitcoin has not been recovered yet so altcoins price will also not increase.
We could see the State of the market is also being dropped. This influence of the bitcoin began to weaken yesterday and it makes all the altcoin is also affected by the decline of the bitcoin.
Most probably the reason why all coins are dropping their prices due to the big volume holder of bitcoin or ethereum they might selling their assets that could affect the prices of other coins in the market, just be patience the market will recover soon.
The rise and fall of crypto coin prices is a lot of factors that influence it, one of which is trading activity. And I think this is what affects the price of coins to fall, many people panic, so many of them sell coins they have, while demand for coins is small. So they sell their coins at low prices, so that the coins can sell quickly.
It is about the main driving part of the motion picture designating with the fundamental cryptographic reason. The bitcoin is the fundamental explanation behind falling of altcoin as he assumes the main part in cryptography. Nearly altcoins a format to bitcoin value the esteem can be founded on bitcoin taken a toll. The reality my concept of this mishap crypto cost.
The main reason why the price of ethereum coins is dropping is due to people who are selling their altcoins in the market which makes the price to drop even more.
The market remedy made the cost of the money fall. I think this is an exceptionally ordinary wonder. For whatever length of time that we persistently hold our coins and sit tight for the market to get, I trust we can make tremendous benefits from it.
The cryptographic money advertise is still in a downtrend, so the majority of the coins have fallen forcefully. This decrease is to a great extent because of the value weight of well off theorists however regardless I trust that in June the market will recoup rapidly and bounce back emphatically. So on the off chance that you are holding a coin, don't hurry to offer it now.
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