Today the cryptocurrency market has tumbled yet again, what are the factors or news that are affecting or causing the red day or the market to tumbled. Most coins are decreased as much as double digits the likes of Ethereum (18%), Litecoin (14.5%), Ethereum Classic (15.41%), NEM (17.43%), Dash (11.45% ), IOTA (24% ) an many more.
The question though is, what is causing this huge movements in the cryptocurrency market?
Who knows... As for Ethereum I believe many people lost trust in the platform after one single DAPP showed it could bring the entire platform down...
Is this the worrying times or just a market correction. Do we need to press the panic buttons or not?
If you ask me.... just keep holding. And... if you can miss the money, strenghten your position on some of the cryptos that you feel will last.
Will do, thanks for the advise