Crypto Market is Down for No Reason

in #actnearn5 years ago

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Today on average all crypto tokens are down by 3-4%. I then tried to look for reasons in crypto media to understand if there is any specific news item that could cause such across the board drop and I found none. Then what could be the reason for this drop??

I think below are some possible reasons

  1. Weekend
  2. Traders are bored as market is not moving substantially in either direction

what do you think? let me know in comments

Coin Marketplace

STEEM 0.28
TRX 0.12
JST 0.033
BTC 66795.37
ETH 3087.77
USDT 1.00
SBD 3.72