What Happened in the Crypto Market Today?

in #bitcoin7 years ago

Is it just me, or is everyone notice that the market generally going down south today?

I use bittrex for my exchange and I saw this massacre when I open it today :

image

I have to cut lost since one of my portfolio (AMP) drop significantly until 20% into all time new low.

My theory is that people saw the $4000 mark price for bitcoin and everyone wanna cash out. That's why there's a mass selling in the market.

But that's just my guess. Do I miss any major news or is there any other explaination?
Do let me know if you guys have any ideas.

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I am just holding, eventually the bitcoin price will fall again and alt coins will go up. Luckily about 50% of my portfolio is in NEO, which has only been going up. Good luck :)

Good for you @retrac :D I've read a lot of good news about neo, it becomes third largest crypto recently.
Do you think it's too late for me to get some NEO?

I think NEO will rise to above $100, definitely not too late :D

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