Guys whole market is going down rapidly. Especially see the ETH price. it is crazy. But I didn't see there is the specific case except ETF. Can anyone guess when will be market recover?
People taking their money out. It has been months of no movement upside and people are not happy about it and they are growing tireless and people eventually need the money and they need to cash out or just simply they do not want to be in this anymore and they leave. That leaves bitcoin with less volume and that little volume makes it easier to speculate and manipulate and that causes bitcoin to go down because there are not enough people invested in it.
When money leaves a market than usually the price goes down as well, first people leave altcoins and to bitcoin, than they leave bitcoin and to fiat currency. All of this causes market to go down all together.