The best answer I have seen is that a bunch of "newish" investors jumped into he crypto market pumping up the price of the "Alt Coins" and as soon as BTC peaked, they transferred their new found "wealth" to that coin and "cashed out".
Topic: Why is all of the cryptocurrency is down? - page 7. (Read 813 times)
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
Is there any news?
This is the effect if the market has less demand than the supply amount as the price can easily go down to a bigger drops. Although bad news about crypto could be a factor like we had with the US SEC and the decision of ETF. Let's wait for a good news to come that can ignite the market into a bullies trend.
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
It has been bleeding for half quarter so whether there's news about FUD or any bad news bout the crypto market is there something new? Stop asking if there are news because you can practice it to check newsletter or subscribe to crypto news medias. Is there any news?
Another thing if the market is down, can't we stop asking or look for a specific thread and stick discussing there.
I believe the delay from sec on the approval or disapproval of the bitcoin etf is what caused and is still causing the present market downtime. Let us hope things will be back up soonest.
Wait for the update. The market waiting for the update. Bitcoin has big impact in market so it will be change ( effect ) positive direction to price of altcoins.
The answer to your question is simple and straight forward, it is due to the market fluctuations but be sure things will change for the better as time goes by, most hopefully before the year runs out or probably at the beginning of the year. The like of neo, litecoin etc currently has a low potential of rising but maybe with time it can gain some grounds.
There is some news for sure, but though there is no news there is no need for coins to rise except btc because at least it is used as a store of value.
They grow back, but till then it time to buy.
Nobody can say for sure or claim he knows the real reason. A combination of SEC, Bitcoin ETF hearings, the closing of an established exchange and investors losing confidence in the projects are part of the problem.
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
Is there any news?
This is a question that will be of great interest to the present. The sudden fall in the market rate has caused anxiety and panic for many people, especially investors. And I predict that this is due to the negative information coming from the US Securities and Exchange Commission (SEC) delayed a decision on a proposed exchange-traded fund (ETF).
I watched a lot of video on YouTube and most cryptanalytics recommend going out to Tether, because they predict a further drop in the market and a decrease in the total capitalization to 150 billion. Perhaps most Crypto Holders also look at these reviews and follow what analysts say.
There is a big painful question. This is a question that will remain painful for a long time. Due to a sudden drop in market rates: Decision on the proposed exchange traded fund (ETF) has been delayed due to negative information coming from the US Securities and Exchange Commission (SEC). I think there was news about the decline in value of all crypto currencies due to the closure of the WEX Crypto Exchange. But there were probably other reasons too. The biggest reason for falling is bitcoin! The news of the cost of bitcoin is also coming down that it will go even further. Do not panic, will see many changes soon, which will definitely bring happiness. There can be more reasons than this, but this is a key!
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
Is there any news?
The bear season continues at full speed. I really wasn't expecting the current prices, but I think this bad situation can change in the next months and can make us very happy again.
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
a lot of holders/investors have caused panic to anyone why many people are continue to sell their token. this might be the main reason why the fall of the market continue to drop. Is there any news?
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
Is there any news?
Yes the market now is truly bleeding. Bitcoin only recover for a week but fall so deep right now. This might be very controversial since the market trend has been like this for a several weeks and not showing any signs of recovery.
One of the main reasons of down fall is because of Exchange Traded Fund delayed due to which big investors have got panic as market has crashed very badly and many of them have pulled out there money...
Now the entire crypto currency market is going down, I think because of the big manipulation of money among large investors, I soon hope the market will go up.
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
Crypto is getting a blow on all angles.Is there any news?
Dont expect sooner it will recover but it will still resist the fall.
And lets hope it resist and stay put for a while. until the next hype.
A lot of factors is to consider, one reasons are being discussed in here.
but if you could check it out, at first after the hype.
people that helped crypto go on a bullish run. left that cause a lot of people. to panic sell or worst to dump.
not to mention, some scams scheme. exchanges that closes. and also restrictions from governments.
crypto has attracted a lot of attention lately. lets expect it will pass. and hope a good comeback
I think this is due to a decision that was delayed by the SEC, see this news and I'm sure this is what caused the market to fall.
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/
https://www.coindesk.com/the-sec-will-decide-on-9-bitcoin-etfs-in-the-next-2-months/
Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
I think it is because the economy is not in the right co dition nowadays that is why the cryptocurrency is also down. Is there any news?
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