any body know the reason for current drop?
Probably because of some FUDs circulating around the internet about scams with regards to Bitcoin and ethereum. There are many reasons to consider the currency drop of altcoins in the market and one of which are the hacking on exchanges which lead to panic on coin holders and prefer to sell their stocks at lower prices.
Well, in the cryptocurrency market there is a lot of fraud, which affects the overall development trend, this is definitely the case. This is only to a greater extent now panic affects the cryptocurrency market, which has provoked the disappointment of many users who wanted to make money quickly and easily, but the situation was completely different.