What the Hell is going on with Crypto market?
Bitcoin drops from $19,000 to $6000
ETH dumps from $1400 to $250 today
NEO: $150 to $15
BTG: $400 to $13
God Save Us! Please.
From Dec 2013 to Jan 2015 BTC went from 1000 to 200 USD and it took 3 years to go up to 20000. Also most of the alts will dump even more than BTC before eventually come back up. They're just market cycles, blockchain tech is still fine and will be used now and in the future.
Yes mate you're right, this is normal in crypto market cycles. Because if this keep coming high its hard for new investors to buy bitcoin or altcoin due to price value. Sometimes low price like this attacks investors to buy coin hoping that they will gain profit when bull run arrives.