Crypto markets down. Mixture of these reasons:
- Chinese New Year approaching
- Traders and whales paying taxes
- Traders and whales who waited until after Jan 1 to pull out funds
- Whales manipulating low prices to allow Wall Street money to flow in (think bonus season)
- Huge FUD week (South Korea, China, France)
- Market was ready for another (natural) correction - the % increase we were seeing was unsustainable.
If you missed out on some #altcoins earlier on, now is a good time to buy them at a major discount!
Source: Crypto Signal