Is there any bad news today or is it just a market correction? I saw the price of BFG dropped even almost the lowest since the last 3 months
From what we see on the developer side they keep making improvements, game releases or collaborations continue, but why is the price going down ?
Mainly due to the recent launch of Bitcoin as a legal tender in El Salvador. There were lots of hickups when the population couldn't use their provided wallet for transactions:
El Salvador’s digital wallet, Chivo, was hit with technical difficulties and pulled into downtime on Tuesday after it buckled under user demand and registrations.
After soaring to more than $52,000 in value just last week, Bitcoin prices have fallen to around $45,000 on Wednesday after El Salvador officially established the major coin as a form of legal tender on Tuesday 7 September.
Citizens of El Salvador were encouraged to sign up to the wallet and claim $30 in free BTC upon downloading, but the app proved difficult to download on Apple, Huawei and Google Play stores.
https://www.scotsman.com/lifestyle/money/bitcoin-price-why-did-bitcoin-drop-along-with-values-of-ethereum-cardano-xrp-why-is-crypto-crashing-3281505