2-3 Days back we saw the huge dip in all cryptos, later market recovered a little bit but right now market is in red again!
If you're surprised by the red numbers, then it means that you're a newbie in all of this, if this is true then I think you need to read a lot more about cryptocurrencies and how the market works, you'll find out that this is completely normal.
Nobody can tell you the cause of this dip, could be people cashing out some profits, could be a rumour, perhaps some headlines on the news causing FUD, or just usual volatility. It's hard to know the exact reason behind a dip in the market, but you need to understand that this something that happens all the time, so there's nothing worry about.
Yes i strongly agreed with your statement above, in cryptocurrencies it is normal that having a dip sometimes i was not surprised by these happenings now that all cyrptos was having a red numbers on field in all exchanging sites, there's a price movement in coinsmarketcap because they all volatile it's nature to fluctuated either pump or dump. If you remember last year on November there was a fork that all coins are dropped so we can't exactly know what's really happened. So therefore much better to hold for a long term don't be panic and sell.