Whay did Steem cryptocurrency fall down a lot this year?

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I think it's high time we clarify the fact that steem is not the only crypto experiencing the unfavorable condition which has to do with the falling of cryptos. The rise and fall of steem and other cryptos is highly determined by the rise and fall of Bitcoin and their market supply or market cap. Every cryptos is surely experiencing fall this year including steem as a result of the level of BTC.

The crypto market just seem to be getting unexpectedly worse since last year and same thing happening also this year. Most cryptos expert made different predictions as regards to the rising of BTC but most of their predictions seems to be false. We just have to keep hoping for the best and let's ensure we also use this opportunity to invest more in steem because anything can happen anytime since the rise and fall of cryptos seems to be erratic and unpredictable.

In conclusion, steem isn't the only crypto experiencing a fall at this moment just as we have many other cryptos experiencing the same problem. I just hope everything get better as soon as possible since we all are waiting for a favorable and profitable crypto market.

Thanks for reading and I hope this helps.