While there is always the possibility that whales or large players are contributing to the market dip through strategic selling or manipulation,

The current dip in crypto prices is likely a combination of global economic factors, regulatory concerns, investor sentiment, and the overarching influence of Bitcoin. While Bitcoin often leads the market, these factors can cause a ripple effect, leading to price drops across all cryptocurrencies. As with all volatile markets, the situation is fluid, and further dips or recoveries may occur based on ongoing developments.