Most altcoin dropped because of religious holidays around the world that cause people to sell their assets so that the market is flooded with altcoin, and the price becomes cheaper. but I still believe the market will recover.

well, most of the decline in altcoin prices is influenced by bitcoin prices, and bitcoin prices are influenced by regulation, and panic sell from investors. and sometimes information becomes an important source in this regard.

i think master its about because BTC is dropping too. and in my observation it have a connection on the date or season.

There is a panic sale everywhere and people are selling their BTC and ETH cause they are now afraid to lose their capital for BTC is sailing at 6k approx and ETH has also started a down trend. For alts going down, people are selling alt to buy more of BTC and ETH, so as you can see this is two way stream.

For me I would buy some good alts for this is buying time and then HODL it. I am confident that BTC and ETH will pull up sooner or later so patience is the key here.

Have a nice day.

There is a large group in charge of destroying the market price, although it is invisible but this group exists, so when we call the papal word, they are not alone. One person with a large balance is unlikely to affect the price, the likelihood of this group having the effect of lowering all coin prices.

The crypto market is also affected by the traditional macroeconomic effects I guess, so large scale events that happen internationally affect traditional stock markets, and they may also affect the crypto scene as well. Personally, I feel that this year has been full of surprises but I would think that having less volatility in the future would be preferred so that Altcoins can actually be used for their actual purposes instead of just for pure speculation?

The top coins are down and altcoins follow them. Also Btc and Eth have decent reputation and people believe in their bright future, while alts don’t have as much community support.

I think, There are some effects of the decline of Bitcoin. Because Bitcoin is a mother of all coins. So, when the price of Bitcoin decreases it will be followed by a decrease of some Altcoin, and sometimes I also see there are coins that still survive with the price. So not all altcoin go down the price.

Bitcoin is main pairs in many exchange and as main cryptocurrency in market. If bitcoin price drop, its affecting on investor because bitcoin as leader and main currency will leads altcoin price. But its very usual that bitcoin price always high fluctuation because we investing on unregulated market