Crypto Market is Down for No Reason

in #actnearn5 years ago

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Today on average all crypto tokens are down by 3-4%. I then tried to look for reasons in crypto media to understand if there is any specific news item that could cause such across the board drop and I found none. Then what could be the reason for this drop??

I think below are some possible reasons

  1. Weekend
  2. Traders are bored as market is not moving substantially in either direction

what do you think? let me know in comments