Quote from: Harlequill32 on May 11, 2018, 07:59:46 AM

Quote from: killat on May 11, 2018, 07:52:36 AM

Hello guys,

Does anybody know why BTC is falling like a rock within last hours?

If there any specific reason or just a normal correction?

Thanks and cheers.

Nobody knows what is the real reason of this DIP, one thing is fore sure. This ups and downs are normal and is expected because of its volatility.

This might be the cause of it: https://thenextweb.com/hardfork/2018/05/11/south-koreas-largest-cryptocurrency-exchange-under-investigation-for-fraud/
The market is usually quite sensitive to bad news for exchanges (understandably so, given the past). Currently sitting in 4th place in terms of 24h volume, Upbit suddenly ceasing operations could potentially bring about the return of a bear market.