this negative reports from the coin community is really weighing the coin market down,tether is a large coin by market cap and its demise will take the coin market deep into the red, their has been one scandal after another in the coin market and this gives the alt coin market a bad rep
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Totally agree, these FUDs are killing this market recently . I guess it would be a coordinated efforts by other regulated financial institutions . I had listed few other reasons too here
https://steemit.com/btc/@coinhelp/reasons-for-crypto-bear-market-jan-2018-why-bitcoin-is-down