I think it is begins with bitcoin's drop in the beginnig of the year with the reason so many issues about crypto that people said bitcoin or crypro will no more so that makes many investors and crypto holders getting scared and sells their investments that affected on bitcoin price and other coins affected.

This is the release of the entire cryptocurrency market, and secondly I think it is mainly because some scams lead to the decline of cryptocurrency, which takes a lot of time to encrypt to grow better.

The coins are dropping because people are losing interest. New participants are getting into crypto market but they have no idea how it works. Plus it is a summertime now, crypto market took a vacation too as interest and rates are dropping.

Because it is beneficial to manipulators who want to sow panic in the market and buy up as many cheap coins as possible. As soon as they buy so much. we need to see growth again.

Well I don't believe it's not fascinating since numerous individuals grabbed their eye about this predominant digital currency in the cyberworld. Clearly the fundamental reason on the dropping is that the huge speculators offer their awesome estimation of offers. Likewise, they would prefer not to misfortune substantially more cash as they need to remove their extraordinary misfortunes. I have heard a ton of news and clarifications in the matter of why the whole crypto showcase is enduring. We have the news that a great deal of governments are endeavoring to manage more on crypto-related foundations and exchanges, or even boycott them

I suppose that altcoins price up and down depends on Bitcoin stability, continue to fall as BTC prices fall. But this should only be temporary.

Prices for altcoins have fallen but this is temporary. The cryptocurrency market is very volatile and such reductions allow you to buy at a low price and then after a while to sell at a higher price. For many traders, such volatility is very attractive.

The explanation behind all the cryptos dropping in the past is because of the Korean government's goal to boycott computerized cash exchanging and close the Bithumb exchanging floor in their nation. This talk has made the rate of all cryptos drop drastically. From here it can be seen that the rates of cryptos are enormously affected by the news.

What is the reason for the decline? this is very simple. The market is underfunded. You don't have to make a fuss. The cryptocurrency market is volatile. Will not fall, how can it rise? Do you disagree?

As everyone saw that their is huge buying in btc and the price also moved up, apart from that if you can see that almost everyone want to sell the altcoin coins and keep them in btc so when the price is high they can sell btc to usdt. Same when their will be correction in btc they will buy back the big altcoins on low. This is the way all big traders are trading and making money.