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