Bitcoin is going down very hard till now after touch ATH last year. Any idea what caused it? And what the impact to other altcoins? Any opinion when bitcoin will be rise up again?
Feel free to answer my questions and thanks for your participation.
The main reason that i see is the price correction. Addition to the FUD and negative news that bitcoin is facing also cause the value to decrease. Some altcoins are only paired to bitcoin in trading, so when the price of bitcoin will go increase or decrease, the altcoin value will also affected.