What is the reason of this drop? Any news i missed?
A lot of people are preparing for the segwit 2x update, that makes those are selling their altcoin and make another major crash for crypto. But this will not for a long time, after the bitcoin segwit 2x already deployed and all of the things will be back to the normal thing. The price will be recover and you can take a lot of profit if you could buy in the dip.