Why is the market red

[websing]

The huge news about myetherwallet hack was a big pull. Lots of people lost their ethereum and tokens as well. The ones who were not affected by the hack got afraid their tokens and ethereum will be stolen.

[ozgurk]

I think first reason is economical war in the world. Big investors holding their money now. But i believe they will come back to cyrpto market again. Everything will be much better

[lafter]

The market is always down in the first half of the year. There was so much bad news that the market went down and the capital was withdrawn quite a lot. However, at the moment there is much positive news coming out, we need to wait for positive signals from the end of the year. I believe the market will recover.

[jin_dv]

We can make a logical conclusion that the current situation in the crypto-currency market is typical for this time period. The reasons for the fall are seasonal, fundamental factors. And all the hype created today around, it is nothing like an attempt to skillfully manipulate the market and try to lower the price of Bitcoin, in order to purchase at a better price before the upcoming jump.

[vistamara]

I think market is red due to lack of patience of investor and the way they dumping at any value, and also the kind of news which is fud people reading on various platform .

[oho]

Just now, the cycle of falling prices! Great players artificially understate prices! Whales though to achieve panic selling of coins. But soon everything will change, I believe it!

[mario00]

Not to sound unrealistic, but why is it that nobody questions the market when we are having a green fest?. Anyways, regarding this topic, there has been some speculations that the bloodbath in the market has been as a result of the underground work of whales who are doing it just so they could benefit more.

[esteam004@gmail.com]

A lot of information has taken place since the beginning of the year. Facebook banned Bitcoin and Twitter forbid Bitcoin. Everything is going on continuously. This affects the market

[rudolfaxl]

There should not be any reason for the market drop during the bear trend. The market develops according to its rules, which say that there can not be constant growth and a constant fall. That's why we see a wavy graph for a price of any coin.

[Svarora]

Every financial market need some correction time for the long term  development of the market. Same is the case with crypto market. But crypto market has develop stron base over the long period of time and it will gI've good return

[leonromano]

Someone is manipulating the market, we have something to do with this. It can go on forever.

[Boloton]

Someone is manipulating the market, we have something to do with this. It can go on forever.

The market is always being manipulated by someone. Otherwise the course was in place and changed races. As for the cryptocurrency, people quickly get rich and a lot of inexperienced whales, because of which chaos is happening in the market.

[romancoins]

The market is always based on supply and demand so the reason why the market is red is because there are more people who are interested on selling their coins that will cause the market to have a huge amount of volume and it will make the price to decrease.

[petya228]

There is no one to blame for the fall of the market. it is expected that prices will tank after we had such a massive bull market in january. People would definitely sell their coins to take out their profit so that will contribute to the fall of the market. Mostly now it is just whales manipulating the prices so they can buy the coins for a cheap price.

[andor.gellenhidi]

I think that now it is no longer necessary to talk about such bad things as that the market is now in a dangerous zone, the market began its recovery, and as soon as you begin to understand that bitcoin has started its turn, you will understand that it's time to start investing.

[yrrehc16]

I just visited HITBTC and kucoin.
there are so many alternative coins even BITCOIN at green now,
I hope this will continue to grow.

[NikkiS]

I think that now it is no longer necessary to talk about such bad things as that the market is now in a dangerous zone, the market began its recovery, and as soon as you begin to understand that bitcoin has started its turn, you will understand that it's time to start investing.

It is still early to talk about the restoration of the market, as it can again turn in the opposite direction. We need to wait at least one week to understand that this is indeed the beginning of the growth of the market.

[adolf512]

I think that now it is no longer necessary to talk about such bad things as that the market is now in a dangerous zone, the market began its recovery, and as soon as you begin to understand that bitcoin has started its turn, you will understand that it's time to start investing.

It is still early to talk about the restoration of the market, as it can again turn in the opposite direction. We need to wait at least one week to understand that this is indeed the beginning of the growth of the market.

I agree with your opinion, since a similar situation has repeated many times, when the price increase lasted no more than a day, then the decline again. But I really want the growth trend to really come, and the market has recovered. We will observe the situation.

[TerrorFromTheDeep]

No one knows the answer to this question. And the longer we are in the red zone, the more disappointed investors. Now this is a vicious circle. We can not grow because investors are disappointed and investors are disappointed because the market is not growing.

[magnat7691]

Do not worry, today the market shows excellent results for the growth of bitcoin and altcoins. The mood of all sharply went up.