I have long felt the price of crypto down, I am panicked to see the current market situation, please tell me, what causes the price of crypto down?
The price of a coin depends on many factors. The main ones are supply and demand. Also, the price is affected by news (positive or negative) and the market situation in general.
The main cause of price of crypto down is the demand and supply, if many people are selling then the price is gradually rising but if many people buy or hold crypto it continuously falling that's why people panic when the price is still falling after they buy or they hold. Also the other cause of price down is the few investor who invest to it, so if there only few investor are believing to it then possible it will no longer around.