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Crypto market going down is normal, and it usually happens for a few common reasons:
1. Bitcoin movement:
When Bitcoin falls, most altcoins also drop. BTC controls the overall market mood.
2. Profit booking:
After a strong rally, big investors sell to lock profits. This creates selling pressure and prices fall.
3. Global news & economy:
Interest rates, inflation, war news, or stock market crashes can make investors move money away from risky assets like crypto.
4. Liquidations:
When prices fall fast, leveraged traders get liquidated, causing a chain reaction and pushing prices even lower.
5. Fear in market (FUD):
Negative news, regulations, or rumors create panic selling.
LTC
54.08
+3.26%