I believe we went too fast too high (830Bn Market cap maybe more...) Time for correction. But I think soon it will be time to go go bottom fishing !
Or there are news I didn't see ?
Correction is made from the volatile of market cryptocurrency so volatile is normal and make the market balance.
I dont surprise with this move of crypto by reducing the marketcap because that is main characteristic of cryptocurrency. Nothing to ne worried.
I am not understand why should market need correction? This correction make coins price fall to fast and no one can cut loss.