Why is every crypto currency losing value at the moment?

[Alexandoy]

Is the situation of decreasing value of the crypto persisting until now? From what I know at present Bitcoin is still going up in value. My take on the value of the crypto can be related to the pandemic that jobs are hard to come by so the economy is down and people have not extra money for investment. Nevertheless I believe that crypto currency values will not go down simultaneously.

 

[Setfragil]

That have been the behaviour of cryptocurrencies, it will rise in minutes for it to go down in days. All you need when dealing in cryptocurrency is patience. Currently all cryptocurrencies are in dip right now with time they will rise again.

 

[Patrik]

there is a reason behind every loss of every crypto currency separated, for example Bitcoin lost its value because Tesla doesn't accept it as a payment method anymore, they withdrew their money, same goes to other coins, they got a story behind them

 

[Shigobad2020]

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

Some of the crypto currency has been fluctuating nowadays going up and down, most especially bitcoin, and I think its as the result of the U.S.A government putting tax on crypto currency dealing.

 

[Ayokex]

I wonde

the falling and raising price of cryptocurrency is not something new it is usual some time it raises and fall at time may be as a result of unregistered coins are the reasons.

I wonder why this is happening to some trusted cryptocurrencies at the moment especially the Litecoin. Some of the coins are going through bearish run st the moment and this has has seriously affected our investment.

 

[Setfragil]

I wonde

I wonder why this is happening to some trusted cryptocurrencies at the moment especially the Litecoin. Some of the coins are going through bearish run st the moment and this has has seriously affected our investment.

The bearish run is very serious since the past week it affected all cryptocurrencies. I lost a reasonable amounts of money to the dip. I had some litecoins which I panicked and sold all of it at a loss. The coins at getting stable now but yet to be back at their initial value.

 

[Richard92]

I wonde

I wonder why this is happening to some trusted cryptocurrencies at the moment especially the Litecoin. Some of the coins are going through bearish run st the moment and this has has seriously affected our investment.

Every cryptocurrency is losing value at this moment because so many countries are banned in the u.s. of cryptocurrency is really one of the popular growing economy country like China, they have banned the use of cryptocurrency.

 

[Kunkun]

Well that could be due to a number of reasons, it could be as a result of government policies of the top countries or withdrawal of large amounts by investors and whales among others

 

[Mostee501]

In some short period of time the various cryptocurrencies lost value and this will be due to the supply and demand curve of the cryptocurrency market.

 

[nimzy]

Seriously to my opinion I don't think there is a kind of ling time stability in terms of cryptocurrency either raising or falling that is losing it values. it unpredictable that the price or the value or cryptocurrency may fall within some hours it raise to an unimaginable price.

 

[Richard92]

Seriously to my opinion I don't think there is a kind of ling time stability in terms of cryptocurrency either raising or falling that is losing it values. it unpredictable that the price or the value or cryptocurrency may fall within some hours it raise to an unimaginable price.

majority of cryptocurrency are losing value these days because of the economy and countries who are withdrawing from the investment of cryptocurrency in their nation.

 

[Jlife]

I think the actual reason for that is because China has banned all financial institute from accepting cryptocurrency as mode of payment and that is what is bringing down the value of all cryptocurrency since bitcoin control all other cryptocurrency.

 

[ahmedo24]

I think the actual reason for that is because China has banned all financial institute from accepting cryptocurrency as mode of payment and that is what is bringing down the value of all cryptocurrency since bitcoin control all other cryptocurrency.

It was a major factor that made cryptocurrency market to crash likewise the decision by Elon Musk not to accept Bitcoin for Tesla payment anymore.

 

[Ub40]

I am aware of this news also. But this should not be so surprising to us as we all know that crypto coins are volatile in nature. This is not a good news at all, especially to those who held those coins before now. And I just pray it does not go below this, if not this will be a serious problem. That is just my opinion.

 

[Jlife]

It was a major factor that made cryptocurrency market to crash likewise the decision by Elon Musk not to accept Bitcoin for Tesla payment anymore.

Seriously I don't know what is wrong with most of these whales, they are actually making things very difficult for small investors because they will be selling out their portion and when the market crash it will leave all the loss to small investors.

 

[richee84]

It shouldn't be a surprise things to us 2cause even in our daily business we make losses and the business tend to be lossing value. Cryptocurrency is also affected by external factors like government policy and so on. The decision of the United State of America president might be a major factor.

 

[ahmedo24]

Seriously I don't know what is wrong with most of these whales, they are actually making things very difficult for small investors because they will be selling out their portion and when the market crash it will leave all the loss to small investors.

It is more reason why we keep learning on how to trade safely and I have come to realize that we shouldn't keep huge amount in cryptocurrency for too long.

 

[Abezol21]

Cryptocurrency markets is know for high volatility and is nothing new.However recent drop in price is largely due to recent happenings,such as Elon musk twisting comments, Joe Biden policy and things like that.But it is most certain that bull- run will return in no time.

 

[ahmedo24]

The good thing in cryptocurrency now is that quite a reasonable number of people are fully aware of the reason behind the recent crashed and those following update knows the chances of recovery is high.

 

[GIFTMICHAEL]

When the demand and supply becomes low, and when uncertainty ruin the market. Surely it causes the coins to have blip in their prices.