Hello guys, is this the end of cryptocurrency i asked my self cause of the subsequently dropping of coins price in the market a lot of red than the green, what may be the cause of all this dropping of price in the market, is it that all coins are connected to one and other that if 1 drops it affects many i just need answers to this my curiosity question. Thanks in advance.
No, cryptocurrency will not end this year. reason mostly coin red is bad news, fud, and panic sell. All coin connected to other ? Not, but Bitcoin price affect other coin prices except USDT/Tether.
Because the main coin from this market is Bitcoin, so whenever Bitcoin falls the value of corresponding coins are also falling, not because of those bad news why crypto market is falling it's because of those who early holders who have a lots of coins to play around the market they are able to manipulate and newbies and panic sellers are been moved and victimized, do your research and assess your actions.