đ„50,000 bitcoinx sale by the state of Saxony at the beginning of July
đ„ Mt. Gox Exchange's $9 billion distribution
đ„Lien sales held by the US government
đ„Genesis bitcoinx and etherx distribution
đ„Uncertainty in the US Economy
đ„Turning to guaranteed funds due to Iran-Israel tension
đ„ Investors who reduce risk with profit sales
đ„ For now, we can state factors such as wait and see policy etc. as the reasons for the decline.