Recent drops in altcoin prices are driven by several factors:
🛑 Bitcoin Dominance: Bitcoin’s volatility often drags altcoins down with it.
🛑 Regulatory Concerns: Increased government scrutiny causes market uncertainty.
🛑 Liquidity Issues: Low-volume altcoins are more prone to large price swings.
🛑 Profit-Taking: Investors selling off after gains can trigger big sell-offs.
🛑 Tech Issues: Security breaches or development delays can harm altcoin value.
Stay safe and remain mindful 🌙