Why is the market down now?

[gribble]

If the market goes down that's because of the behavior of sellers and buyers on the market if there's more seller the price will goes down, if more buyers the price will go up. that's play of the market and that's is normal.

yes and I think besides that, this is because there is only a market correction that makes the market become turyn now. and many are negative

[debra]

The market is down now, it might be caused by the panic of many people with the decline of Crypto, so they sell Crypto at low prices and cause Crypto prices to drop further. But calm down, there is still great potential for crypto to rise again in the near future.

[Crypto Joe]

The market goes down due to numerous factors which come to play. Governmental regulations, SEC regulations, the denial of Bitcoin ETF, the attitude of sellers and buyers on the market, the ban of crypto in certain countries and on certain social media etc. These drives away potential investors because it creates fear in them.

Yes, these are the main reason why all of those potential investor who is afraid already investing in crypto. If will cause a negative feedback to all of us, prices are down and altcoin will getting down also.

[Mocosolawatan]

compared to a few months ago the trading volume that we now see in coinmarketcap has increased, and it shows positive things certainly welcome the end of the year, and hopefully with all the things that have happened will have a good impact on the future of cryptocurrency

I also hope so bro. even though now the price of cryiptocurrency is going down but still investing. because cryptocurrency prices will sooner or later rise again ..
I persevere even though there are some parties who value cryiptocurrency in a negative way. so the price goes down ..

[Filo]

I guess everything started with a rumour that becasue chinese holiday would start all chineses will sell their coins. At least it was told around me too much. All my friends sold thier coins while I was thinking that they are wrong. Now they all multiply their balances while I have only 20% of my January balace.

[cryptofunn]

if you look globally at a bitcoin price chart, then you can see that along with the fall of bitcoin, it is constantly accumulating in volume. Who buys him all the time. This suggests that sooner or later its price will rise much more than 20,000. Therefore, the decline that we are seeing now is just a cover.

[Zeus29]

The market goes down due to numerous factors which come to play. Governmental regulations, SEC regulations, the denial of Bitcoin ETF, the attitude of sellers and buyers on the market, the ban of crypto in certain countries and on certain social media etc. These drives away potential investors because it creates fear in them.

One of the factor why market going down is more People are selling cryptocurrencies to cover personal expenses at the end of the year; that drove the beginning of a negative trend that the media picked up on and was exacerbated.and also due to Regulation.

[orbit]

one day is rising one day is decreasing.No stability on the market now.good days are waiting for us after these days.I never lost my hope.bull period coming soon.

[Crypto]

I think why market is down due to price correction and also bad news about crypto world, the current market situation is just normal dump, and it will recover soon, not only all crypto are down stock market are also experienced huge dump.

[Nisa12]

it is true that falling prices are influenced by many factors but this is better for investors who want to invest in criptococurrancy because the price is relatively cheap and good for the future which will generate huge profits