base-pidgin

Reason why cypto coin got dump
Cryptocurrency Price Drops: Key Factors

* Market Sentiment: Shifts in investor Behavior, with mass sell-offs.
* Economic Conditions: Inflation, interest rates, and recession fears.
* Regulatory Changes: Governments tightening rules or banning crypto.
* Market Leadership: "Whales" selling large holdings, causing price drops.
* News and Media: Negative coverage impacting investor confidence.
* Technology Issues: Security breaches or technical failures in blockchain.
* Market Saturation: Increased mining difficulty affecting supply dynamics.
* Competition: Emergence of new cryptocurrencies.
* Global Events: Political or economic instability affecting markets.

This is quite comprehensive but the Era of banning crypto has mostly phased off. Most governments are looking for ways to regulate and incorporate it. 

The major reason currently AFAIK is the tariff war that has sparked massive sell off in all financial markets. The stock market is even taking a harder hit than the Crypto market 🤷‍♂️