I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.
Do you think this is the reason, or the movements of the market are normal ?
Well this what I think(Thibk because I do not know and I am still not sure if this os the main reason) and from what I know that I read before
1. When market price increases it will poop from top to bottom
2. That is because of the people who buy and sell, in short trade it.
3. The people who hold different coins.
Plus it is like demand and supply
Added is the volatility crypto coins are moving like a domino,considering the bitcoin is the starter and what will the bitcoins price relies all the altcoins this made the market goes ups and down
And besides lets not be worry about the dumping because for almost ten years this is the set up we have been engaging so we already know that after the drops growth will follow though it will take some time,but still it will recover