Quote from: Bitcoininspace on June 22, 2018, 12:33:41 PM

Quote from: wklt2002 on December 23, 2017, 10:04:56 PM

Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?

Everyone altkoins depend on the bitcoin price and its price is influenced by large holders and owners of exchanges for their own purposes

yes, and if bitcoin price is down then the altcoin will get the effects too. but I think it's not effective for all altcoin because if you check in the market, there still an altcoin that is not getting impact with the down of the bitcoin price and the price of that coin still increase although it cannot getting too high. besides that, the news will take a part of the price drops and people panic will be the next reason for the price drops.