Reported by nytimes, there are 5 reasons why cryptocurrency prices are plunging again:

1. Relying on unregulated infrastructure and exchanges is risky;

2. Regulators are cracking down;

3. Cryptocurrencies are managed by communities of developers, which can get messy. For example, BCH's hardfork, BCHABC and BCHSV, are causing chaos in crypto market;

4. ETH and other cryptos encounter difficulty in their network, making their tokens hard to be used in the reality world.

5. Many central banks might issue digitial currency, posing a threat to the non-government tokens.

Take part in the poll on Twitter: https://twitter.com/CoinNessCom/status/1065135686410416129