Christmas only reason for downfall crypto market cap ?

[Sentinel]

I am truly amazed by crypto today, because even though yesterday the price had dropped before Christmas. However, today the price went up again. And this is truly amazing crypto. It's full of surprises, because I think the prices will continue to drop until Christmas comes.

[wxxyrqa]

I am truly amazed by crypto today, because even though yesterday the price had dropped before Christmas. However, today the price went up again. And this is truly amazing crypto. It's full of surprises, because I think the prices will continue to drop until Christmas comes.

The fact is that major holidays, which have always been very important for every person, have constantly influenced cryptocurrency rates. This is exactly the period when people spend huge amounts of money on Christmas, and for this they sell their cryptocurrency. It is because of this that the price drop.

[Paglamon]

Bitcoin prices do not fall on any given day. Bitcoin is currently popular. Bitcoin prices are much higher today than in the past few days. Bitcoin is very popular.

[disconnectme]

One of the issue I have in this pace is that people want explanation for everything that happens to crypto tokens prices, the Christmas hypothesis is false and you can look at historical chart to see this is wrong, prices tend to pick up in December than dump.

[gODZILA72]

I think that the whales decided to celebrate the holidays on a grand scale and cut their hamsters a little, perhaps this is just an expected correction after the strong growth of Bitcoin and altcoins!

[debra]

Christmas seems to have a small contribution to make the price dropping. The bigger causes of the downfall seem about the negative news spreading by bad guys. Those people may expect to buy crypto at lower prices by spreading FUDs. They know the crypto market is easy to be influenced by bad news.

[Seerge]

During big days like Christmas and New Year, people need money for groceries, recreation and others.  And they sell a lot of their coins so that the supply on the market increases which causes a significant price drop.  Things like this have often happened and keep repeating themselves every year.

[Callisto]

This is, of course, inexplicable, but the fact is, indeed, coins fall on Christmas Day, apparently all people go to fiat and buy gifts and so on.

[GREENch85]

To some extent, we can agree with the assumption of TS. After all, in the run-up to Christmas, people are cashing out their crypto assets to buy gifts for loved ones. This year, due to COVID-19, the number of assets being withdrawn may even be higher compared to last year.

[saprakib]

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  ?

Have you seen any deep downfall .I didn't see any coin or token get hard dump .It is true it could be a reason for any coin to get downtrend for Christmas but market still on good position .Btc is still stable around 19k$ .So that there were nothing happen yet to the market i think there will be not major affect on the market for Christmas .

[gagah119]

It happens a lot when Christmas and New Year bring crypto prices down a bit, but I think it's still reasonable because prices will recover quickly.

[lepbagong]

It happens a lot when Christmas and New Year bring crypto prices down a bit, but I think it's still reasonable because prices will recover quickly.

It is clear that the recovery from falling prices has happened very quickly recently, so there is no need to worry if there will be a correction due to the big day between Christmas and New Year, everything can be said to be under control.
precisely the decline at the end of the year will trigger a sharp and rapid increase in the following year.
there will always be a correction every chance to increase sharply and the thing that always happens, we will see fantastic prices next year.

[Confero]

It is clear that the recovery from falling prices has happened very quickly recently, so there is no need to worry if there will be a correction due to the big day between Christmas and New Year,

What about someone who has a lot of assets and it turns out that there is a big decline at the Christmas and New Year celebrations, can you stay calm?  I do not think so.  We will still panic if our assets drop significantly. In my opinion, if many predict the price will fall, during the Christmas and New Year celebrations, we should sell our coins now and hold the USD!  Only then will we buy more coins if there is a big drop.

[Galley]

Christmas holidays have always been and are very important for people in life. Probably, everyone, this year denied themselves many pleasant little things due to problems with Covid-19. Therefore, people will want to arrange a holiday for themselves and will spend large sums of money on it. At Christmas, the mood rises and the cryptocurrency falls.

[Evgenklm]

Perhaps this is due to the fact that many people on this holiday like christmas, want to congratulate their relatives and friends, and not sparing cryptocurrencies, change to fiat to buy gifts for family and friends, this is not accurate