why most cryptocurrency price drop in recently？？？like bitcoin Fall to 7416.78 $

[fire-man]

why most cryptocurrency price drop  in recently？？？like bitcoin Fall to 7416.78 $.

[Bobcrypto]

One of the most important reasons why most coins/token drop even Bitcoin recently are basically due to the demand and supply principles. Others reasoons are market speculation, media influence etc.

[Nestle]

Yes, it might be stable at $ 7k. last year I thought crypto had a bubble that made crypto prices expensive and not in line with crypto market estimates.

[therozaq]

why most cryptocurrency price drop  in recently？？？like bitcoin Fall to 7416.78 $.

I think It just market correction. I believ the market will green soon . Lets see.

[fire-man]

Yes, it might be stable at $ 7k. last year I thought crypto had a bubble that made crypto prices expensive and not in line with crypto market estimates.

So you think bitcoin price will  keep falling ，until fall to 7000USD only stop?

[fire-man]

why most cryptocurrency price drop  in recently？？？like bitcoin Fall to 7416.78 $.

I think It just market correction. I believ the market will green soon . Lets see.

I saw that the price of Bitcoin has been rising a few days ago and it seems to be overrated.

[alltalk]

For me, the big reasons are:
1. Negative issues about cryptocurrency. One of the negative issues is government prohibit the existence of cryptocurrency.
2. The demand dropped significantly. Many investors do not trust anymore to invest in crypto coins since many scam projects or unstable prices of coins. 
 

[siKING]

cryptocurrency will go down if Bitcoin goes down.
(sometime you will see an alt goes up,it's only happening when the market is stable)
and the main reason why Bitcoin fall into that extent due to people themself.
they're skeptical about ETF listing,they though it's just a rumour and it won't get approved by them.
(of course,Bitcoin went up due to this rumour too)

[owmivmen]

Because bitcoin prices have decreased due to the number of rejections and bad news about crypto. and in this year I see the interest to invest in crypto is reduced. judging by the decline in trading volume in every exchange

[Roland26]

cryptocurrency will go down if Bitcoin goes down.
(sometime you will see an alt goes up,it's only happening when the market is stable)
and the main reason why Bitcoin fall into that extent due to people themself.
they're skeptical about ETF listing,they though it's just a rumour and it won't get approved by them.
(of course,Bitcoin went up due to this rumour too)

If bitcoin fall all coins in crypto will also fall, it is all because the bitcoin is normally used by investors to buy or maybe to purchase a different coin or maybe token on the crypto feild, that is why if the bitcoin fall all investors may also stop buying so then the direct effect of the decrease of the number of investors may drag the price down.