View the latest news associated with the exchanges Bitfinex and Tether. This news is a severe blow to the current rate. Soon everything will be back to normal.
Thats right. Additionally consider that NEM (millions were stolen!) was hacked, and all these events started a kind of panic. People are scared that they can lose everything and started to sell coins. Stop this panic and the market will be stabilized!
great news if it will go back to normal , but it is still alarming for the investors because they will now hesitate due to the security of their coin , that is why they pulling it back and the effect isnt good , and price is still dropping , hoping to go back to normal again soon .