Cryptocurrency price CRASH

Bitcoin, Ripple and Ethereum Crashed, all investors including me have taken a HIT but why?

Ripple and Ethereum crashed today with the cryptocurrency market losing an incredible $102billion in the the past 24 hours. But why are cryptos crashing? maybe it has something to do with the Finance Minister saying that the Government does not consider cryptocurrencies legal tender.

Can the Cryptocurrency Market survive? what is your pinion should we all get out now?. or is it a new chance for new investors to join in, or is the Cryptocurrency Market a failed economy. I personaly think it will its just taking a little set back but i also think its a great time for new investors to join in all the fun.

if you like this subject don't forget to Up-Vote and keep on rolling. may keep on doing some updates on how I am getting on with the other investments that I have in the Cryptocurrency Market.