Other coins fall with the king

It seems that Bitcoins troubles have spread FUD into other coin markets as we see red across the board. Ethereum has experienced a 20% dip, falling from it's all time high of $506 to around the $400 mark. Litecoin who also had been ripping up expectations dropped from its $100+ standing to around the $75 mark for its investors to feel what a 25%+ drop feels like.

It would seem that although other cryptocurrencies may not be directly linked to the Bitcoin, the FUD surrounding Bitcoin can have a major impact across most other altcoins.

All time highs are usually followed by a dip as early investors take their profits and traders seek another entry point. It is also not uncommon for Bitcoin to tank completely, only to rise from the ashes and shine its glorious light on another cryptocoin filled day.