According to ccn news it stated that the cryptocurrency market has dropped by more than $42 billion in the last three days, from $412 billion to $370 billion. The daily trading volume of the market also declined by around $3 billion, from $22 billion to $19 billion.
what do you think about it.
That is normal that cryptocurrency market is in a fluctuation in respect to its market value and market cap. There are some reasons why these happens:
FUDS, Scams, hypes, hardfork, technical issues and news about what these cryptocurrency will going to do in the future.
But this time so many FUD from US. Recently, exCIA has created a controversial statement when he doesn't know anything about crypto. But the speculators are taking it as serious thing.
All of these dumps caused by the greedy speculators.