well, i was surprised btc below 7500, mostly analyst say high support on 7500 resistance. ya , although that info from articles that cannot be trusted completely
any exact news about this situation btw ? or this just dumper time ? , but based on my opinion , market capitalization has lose more than $15,000,000,000 . i am not sure its "just" dump.
This condition often occurs, when prices are stable at certain prices over a long period of time, it is likely that prices will fall. same as some time ago, but after that the price will go up. and right now I'm waiting for prices to turn around and go back up.
I think it's normal if marketcaps fall lately, as usual when prices fall then marketcaps will weaken and many people will sell, go out and wait for prices to rise. that's the habits of investors, so it's natural that marketcaps are weakening.