Re: Why is all of the cryptocurrency is down?

Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?

I think it's normal. Crytocurrencies are performing normally. Sometimes it goes up and sometimes it goes down. It's a process that everyone should know. I am hoping the the market price will go up again before the end of the year.

no it is not.
right now people are freakin out because they are thinking about ETF rejection.
even though right now they are delayed it,but it does not mean it will be rejected by them
but people were panicking for no reason,that was why everything is moving down right now.

I disagree that it has anything to do with the ETF delay. Why would that affect anything? Has nothing to do with the fundamentals of bitcoin - no hack, etc. They have not rejected it either.

Indeed. ETF is just separate thing and we should be keeping it that way only. They have no effect over the whole market, and that is ridiculous to think about it that way! I mean why would whole market will get hampered with their decision anyway. Who can explain the similar dumps in the coins which are completely centralised ? Like XRP, NEO etc. I dont think that bitcoin is going down because of that. There is something else because the dump is almost over 20% from the current weeks ATH rate. Thats fall of 8 K USD to 6.5 K now.