Crypto markets down. Mixture of these reasons:steemCreated with Sketch.

in #crypto7 years ago
  1. Chinese New Year approaching
  2. Traders and whales paying taxes
  3. Traders and whales who waited until after Jan 1 to pull out funds
  4. Whales manipulating low prices to allow Wall Street money to flow in (think bonus season)
  5. Huge FUD week (South Korea, China, France)
  6. Market was ready for another (natural) correction - the % increase we were seeing was unsustainable.
    If you missed out on some #altcoins earlier on, now is a good time to buy them at a major discount!