Why coins Prices Drops ? and we face decline in our holdings worth?
There are several reasons why cryptocurrency prices can drop:

Market volatility: The crypto market is inherently volatile, meaning prices can fluctuate significantly in a short period. This can be due to a variety of factors, like investor sentiment, news events, or even just a lack of positive news.

Economic conditions: Broader economic factors can also impact crypto prices. For instance, if the U.S. Federal Reserve raises interest rates, investors might move their money away from risky assets like crypto and towards more stable options.

Large sell-offs: If a large number of investors suddenly decide to sell their crypto holdings, it can drive down the price due to increased supply in the market. This can be triggered by events like fear of a hack, negative regulations, or uncertainty about a specific project.

Specific events: News events related to a particular cryptocurrency can also cause price drops. For example, if a major exchange gets hacked and loses a significant amount of crypto, it could cause investors to lose confidence in that specific coin and sell their holdings.

Here are some recent examples:

In June 2024, the price of Bitcoin dropped after a large amount of BTC was transferred from a dormant wallet, raising fears of a potential sell-off.

Earlier in June, the crypto market dipped after stronger-than-expected U.S. jobs data, leading investors to move towards less risky assets.

This is my analysis, DYOR

Happy Investing.