Topic: Why Alts In Red Again? - page 8. (Read 810 times)
because its cryptocurrencies - the market always change and you need to adapt to earn money , dont be lazy , research more and you will not have this questions.
this phenomena is known as Dead Cat Bounce. which when altcoins that never had any usage and no value, gained some fake value because of the pumps they received (which is a form of manipulating the market). and because of that they were in bubbles.
these bubbles started bursting and when they burst, price comes down in multiple steps like this.
it may also be the fact that bitcoin started rising up again and that can technically draw a lot of money out of altcoin market.
these bubbles started bursting and when they burst, price comes down in multiple steps like this.
it may also be the fact that bitcoin started rising up again and that can technically draw a lot of money out of altcoin market.
2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!
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