What Is The Reason Behind Falling The Prices Of Steem Doller And Steem?

in #steem6 years ago

What's going on!
I am so sad guys.
Actually I don't know why Steem and SBD prices
falling down day by day.
Someday ago,
The price of SBD was $15 something.
But now it's $3.33 only.
Screenshot_4.jpg
And Steem price same here $3.33
Screenshot_5.jpg
I want to ask a question for all crypto lovers.
What is the reason behind falling down the price of Steem and SBD?
Is it up again?
Waiting for answer.
Advance Thanks.

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Lots of things can cause this. Doom and gloom statements by politicians and media commentators, Wallets being hacked, or even big players dumping their cryptocurrencies to create a drop so they can then make more money by buying large amounts at low prices which will force the values back up again.

Thanks for your response dear @markkennard

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