The cryptocurrency market is really experiencing a major downtrend in descent time with many coins and tokens losing large market cap. One of the reasons for this downtrend is the fact that the ETF decision on BTC had been finalized yet and this is a major news that had affected the market. Altcoins always see red whenever BTC drops which is the situation at the moment. The market can recover positively if the necessary ETF is released early enough to calm the tension in the market and also regulations should be placed to limit the excesses of fake coins in the market because this helps to reduce the confidence would be investors have in the market.