Why BTC along with all major cryptocurrencis are down today? Not heard any news to reasonate with this drop.
Now there are too many reasons and it's hard to understand myself.
the first time this began, it was attributed to the korean FUD but they came out to say that they have no intent to ban cryptocurrency.
second was about the court case and that also turn out to be not the cause.
now the current news i heard was that, the fall is from the chinese holidays.
so if this is true, then we must expect growth after 14th Feb.
yes I have heard all of those but I don't really know what had happened why the price dip down. I do believe that korean FUD affect as well and some people were in panicked that they sold their bitcoin. maybe tha market flactuations . there are many factors maybe that we don't know . we will wait and see after chinese new year if it will rise again but still I believe that sooner it will go back to its high price.