Why have the Cryptocurrency Markets Fallen so Quickly?

[Marcusbrown]

After prolonged periods of stability and low volatility, cryptocurrency prices have taken a sharp nosedive with leading digital coin Bitcoin slumping below the $6000 mark.

[cryptoc]

The sudden downward surge was chiefly attributed to the Bitcoin Cash (BCH) hard fork which stirred controversy. The hard fork is a protocol upgrade that happens twice every year to enhance security and upgrade systems.

[waitingforday]

Someone just sell a lot of btc, that make market drops, maybe this is bitcoin cash owners

[DeKingCrypto]

I also wonder why, and I would also want have the idea of this constant fall, maybe it will explain itself because all I have heard is only speculation.

[squadus]

The cryptocurrency markets are low most likely because of the holiday season coming up. It is probable that people are buying up Bitcoins now so they can prepare for the market going up in the future.

[Malyaa]

yes, now the crypto price is low, because there are a lot of negative problems that affect crypto prices, but I also won't be afraid that the price of bitcoin will rise quickly and slowly rise again. because bitcoin is also a great and potential big altcoin in the future.