Why Are Cryptocurrencies Crashing?

[Marcusbrown]

With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.

[cryptoc]

The Chainalysis study, Bitcoin payments have shriveled over the course of the year, which is an indication that the cryptocurrency bubble has burst. This contributed heavily to the crashing crypto prices. The premiere blockchain analysis firm disclosed that BTC transactions tanked by 80% to $96M USD in September 2018.

[Thegals]

It is sad to see the price of Crypto who gets down and make the asset decrease its value. The existence of a negative issue is added with the issue of Black Friday and makes the price down at the lowest point this year hopefully everything can end and start moving up again next week after Thanksgiving is done. And everyone starts to buy Crypto again.

[laughingburger]

With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.

Based on the charts reading we can analyse that there is a support or resistance zone somewhere here and there but if there is no demand in crypto the price still will have a freefall and i guess this is what is happening now no demand for crypto.

[M.bhussaini]

It is sad to see the price of Crypto who gets down and make the asset decrease its value. The existence of a negative issue is added with the issue of Black Friday and makes the price down at the lowest point this year hopefully everything can end and start moving up again next week after Thanksgiving is done.

[RapidRabbit]

I've read one crazy theory about it just a minute ago. In this article on spam blocked b someone implicate that drop may hav been caused by peoople witthdrawing funds to be ready for 23th november sales
True or not, it looks like the market have a black friday's drop overall.

[ZionRTZ]

I was expecting you to give an explanation to the question you posted. Can you answer Why Are Cryptocurrencies Crashing?

[Shanacute14]

Yes the market is down now and need to recover. Many currencies are crashing now.

[Bobcrypto]

It is sad to see the price of Crypto who gets down and make the asset decrease its value. The existence of a negative issue is added with the issue of Black Friday and makes the price down at the lowest point this year hopefully everything can end and start moving up again next week after Thanksgiving is done.

You are spamming here and this is againt the rule. I am giving you the last warning. The next is negative kama. You spam the 3rd post on the thread.

[MOProgress]

The same question everywhere and the answer is quite simple, because of FOMO dumpers that want to sell even at loss.

[trauchot]

There is the biggest market manipulation of all time cryptocurrency, so the market will now only fall, and all that will help the market start to grow, will occur only in 2019.

[PreshB]

Is  too  annoying  looking  at  the  way  the  market  price   keep  dropping  every  day,  a  lot   of  currencies  are   crashing  now,  let  still  have  the  hope  that  they  Will  recover  as  we  are  entering  2019.

[masterrex]

With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.

Thats because of the investors are wary about the situation in the market thats why massive selling of assets is continue and the Buyers also are very cautious in this present situation and i think it will continue to happen until the 2019 its a sad reality and it must be faced accordingly!

[DeKingCrypto]

With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.

I think it may even go as low as $3,000 but we can't tell how for now, but I pray we end at the 4,000+ price so that we start mooning from there.

[Falcon]

Volatile is the common reason why market crash.
Demands and supply with the hands of crypto whales can turn crypto movement wherever they want with accordance to their objectives.