Why is every crypto currency losing value at the moment?

[ahmedo24]

Actually, I don't really know what caused the market to be on the steady bearish run. I'm just sensing that China ban and the comments made by business cog 'Elon Musk is driving the market low.

I think we already know that what caused the bearish moment in the market was basically because of China crackdown and Elon Musk tweets on Tesla not accepting bitcoin payments and there is every possibility that is why the market has not been able to recover fully and more investors investing huge amounts of money to stare up the markets are not available.

 

[GIFTMICHAEL]

I think we already know that what caused the bearish moment in the market was basically because of China crackdown and Elon Musk tweets on Tesla not accepting bitcoin payments and there is every possibility that is why the market has not been able to recover fully and more investors investing huge amounts of money to stare up the markets are not available.

Hmm, this two factors which you elaborate more on, is simply the factors that caused the market to be on the low. Maybe it has affected the big investors to fear for their money not halve too.

 

[ahmedo24]

Personally my desire is to see bitcoin Cross 40000 dollars comfortably and move to around $45000 then we'll see how speed up the market will be at that moment because there will be more of opportunity to buy the dip than fear of further crash.

 

[GIFTMICHAEL]

It will continue to lose value until those factors affecting it allows it to start pumping again. I know so many uncertainties is holding the coins back, but with time it will start appreciating.

 

[Setfragil]

The current bearish run of cryptocurrencies is the worst and longest in have ever experience since I have been trading on cryptocurrencies. It over a month now that it started and it is yet to show any sign of stability. Cryptocurrencies investors should invest with caution.

 

[Alexandoy]

The current bearish run of cryptocurrencies is the worst and longest in have ever experience since I have been trading on cryptocurrencies. It over a month now that it started and it is yet to show any sign of stability. Cryptocurrencies investors should invest with caution.

That is the problem with crypto trading and investment. You are just waiting for the trend which is your only basis. I have planned before to invest $100 for the initial capital but when I checked the movement of the prices I got confused. Now it looks like you are confused yourself because of the long lull in the low prices.

 

[Setfragil]

That is the problem with crypto trading and investment. You are just waiting for the trend which is your only basis. I have planned before to invest $100 for the initial capital but when I checked the movement of the prices I got confused. Now it looks like you are confused yourself because of the long lull in the low prices.

The thing about cryptocurrency is that it is very volatile in nature. It can dropped suddenly in price without prior notice and it can make you rich overnight if the markets price see a tremendous increase. cryptocurrency investment is for those who have the mind to go into it.

 

[Ayokex]

A lot of factors can cause this. Some bad news or general fear of investors holding that asset in their portfolio. A general dump will see the value of that currency drop

I'm not a cryptocurrency analyst so I can't say much or say exactly what is responsible for this massive fall. If been hearing different rumours concerning this but I don't want to believe any of the news until I know it's coming from the right source. Many factors can be responsible for this .

 

[Fizzy_boi]

Let's say they are losing their value because some major business country opt out from crypto currency exchange trading and it as definitely affect the values of this coins .

 

[Prettyjanie]

All the cryptocurrencies are losing so much value and it is expected because that is the nature of the digital coin. However, we just need to be patient because it will spring back up .

 

[Sotherefore]

All these things is just a normal market correction and even with this do not panic because the price will definitely bounce back,that is the characteristic of a good cryptocurrency,you should not expect cryptocurrency to have a constant value without relaxing.

 

[Richard92]

Actually, I don't really know what caused the market to be on the steady bearish run. I'm just sensing that China ban and the comments made by business cog 'Elon Musk is driving the market low.

every country are currency losing value at the moment because of the present situation of the word economy and also because many countries are presently deviating from the use of cryptocurrency.

 

[Joshua Farrell]

If some of the world leaders, government organizations and companies would stop being pig-minded in regards to crypto at the moment, I would imagine that most of the crypto options would be doing pretty well right now.

 

[GIFTMICHAEL]

every country are currency losing value at the moment because of the present situation of the word economy and also because many countries are presently deviating from the use of cryptocurrency.

China banning crypto doesn't have anything to do with world currencies of countries. Its only affecting the crypto marlet, which is the prices of the coins.

 

[Setfragil]

All cryptocurrency are losing their values because of cryptocurrency crackdown by the Chinese authorities as most miners are in China which makes it to decline in market price.

 

[Shigobad2020]

I just noticed that every crypto currency is losing value at the moment, what can be the cause because it looks strange

Its (crypto currency ) loosing value right now because thats how its meant to be because its always fluctuating and with time , it will rise again and still go back down, because of its volatility.

 

[Snazzy001]

Some of us may have benefited from a particular coin and may want to share ideas.These coins cannot be stable i know, but some can be almost.
Heard of solana?

 

[Sincerem]

The coins in the market is deeply affected by the decisions made by the country government, especially the Chinese government. That has influenced the coins poorly.

 

[Nomad]

people are starting to lose faith in crypto currency, therefore, there is no demand for crypto currency. When there is n demand the currency starts going down.

 

[Alexandoy]

people are starting to lose faith in crypto currency, therefore, there is no demand for crypto currency. When there is n demand the currency starts going down.

That is also what I think that buyers have suddenly stopped buying. When there is no demand then the price would go down as per the law of supply and demand. It got me thinking of what would happen is the public will stop buying crypto? The ones with big holdings will lose a lot. But that is life in trading, you win some, you lose some.