Why market is down?
Lots of people says that All the Social Platform like Facebook, Twitter etc Will Ban the Crypto, this is the main reason for downfall.But I'm not sure with that.
I agree with you, those media hype like banning crypto in all social platforms contributes a small percentage of impact on price deflation, but for me, the big factor that contributes successive downtrend of bitcoin is due to a massive increase of supply which the result of a panic selloff and a declining volume of mass adoption in cryptocurrency, because of regulation impose by the government.