Christmas only reason for downfall crypto market cap ?

[KKH84]

Indeed, at the end of the year, especially Christmas and New Year, crypto prices tend to fall, actually I can understand that.  Most of those who enter the crypto world are hunters and traders, they deliberately save in crypto assets from their work, so that if needed they can sell them and the end of the year is the time because of Christmas and New Year.

[expander]

I have heard a lot of news that the reason for the decline in prices that has occurred in recent days is because it is approaching Christmas. And I think that's a good reason. Where it is approaching Christmas, many people need cash and sell the assets they have. But surely all will rise again soon.

[KryptoBull]

I don't think that Christmas and New Year are the cause of the token price correction in crypto markets.
The reason "people sell crypto to buy holiday preparations" is quite funny, perhaps we should have a referendum about the willingness of holders to liquidate crypto assets to get money to prepare for holidays or not.

[mianvicky1]

Yes from some days price is continuing going down.
And many possibilities that will go down in this month. But
If i watch news about crypto then there are many news for bulish market.

[syedrasool2011]

I dont think so thats reason because all market is green only Ripple red because airdrop shark has been finish every one is selling it but dont sell xrp next target is 1$ hold your coins wait for big pump soon.

[DogeTalk]

Again and again Christmas and New Year have a devastating effect on the price of crypto. Can I get through this bad time. I'm actually really looking forward to better crypto prices this year but maybe I'll wait until next year

[missbtc]

Now the price is falling for many cryptocurrencies, but I think this year the rally of santa claus will start and we will see a 15-20% growth in the crypto market for some top altcoins.

[Tnoy30]

For Christmas, however, the currencies have begun to depreciate. This is not a big reason. At the end of the year, the prices of cryptocurrencies continue to fall. But we should wait. Of course what kind of price will make them a good position.

[Sharelock]

Christmas day is not the reason for the drop in the price of all coins. Have you forgotten that crypto is volatile?
Currently the market is undergoing a correction only. So if all of you think the drop in the price of all the coins is just because of Christmas, that to me is very funny. LoL

I read all the comments here assuming Christmas was the culprit. I think you guys here already understand what crypto is, and all of you are just fanatical about the bad news spread by someone who hates crypto so that you all panic and sell all your assets

[The Legend]

Most of the popular coin's price gradually going down in market cap . Many people think that when Christmas comes the price is fallen untill end of the week . Is it main reason to downfall for crypto market cap what do you think about this inconvenience  ?

Yes because of Christmas market is falling down. Most of the trader exit out from the trade and go for holiday. On previous year same thing happened with us. Everything will be normal after first week of January.

[@chison]

We are closing the year and Christmas is a time of spending so people sell off their token to use fund for other things.  As you trade this period do with caution.

[Dociko]

The value of any coin can fall at any time. It is natural that the market will change. However, the prices of most cryptocurrencies have started to fall sharply. It is normal for the price of any cryptocurrency to fall towards the end of the year. However, it is expected to increase in the future.

[Lenipiw]

The state of the cryptocurrency market is constantly changing. So I think the market has changed at the present time. But change will not last long. Hopefully the market situation will be much better in the new year. Many investors will benefit.

[sampoerna]

Oh really? Where can I read this data? Is it because they need cash for Christmas? But it is a pandemic and there probably won't be much change. Therefore, let's see how cryptocurrency moves in the market later. We know that there will always be a market correction and it's about time

[alltalk]

We don't know exactly the reasons behind the big drop today. It may be about Christmas or many people need Fiats for celebrating the new year. But I think the market has already increased again, so the downfall just happened temporarily. Don't worry, I guess it is only because of the drop in Bitcoin price. It often happened if the price of Bitcoin declines, then almost all crypto coins drop in prices. But it won't happen for a long time.