http://thecryptosyndicate.com/bittrex-done-goofed-op-ed/
The above article theorizes that Bittrex offloaded their trading fees too quickly causing a drop in all their coins at the same time, that then propagated to other exchanges as an alt-wide panic.
Or someone else on Bittrex who has a massively diversified portfolio and all sold at once. Either way, it all started on Bittrex.
I believe what we are seeing is a market cap move into BTC prior to the upcoming forks. So much speculation that we will see another cash cow as what happened when BCH (BCC) resulted. I also believe that when the fork arrives, we will see boatloads of assets shifted back into the altcoin market. Be ready! Or, better yet... buy altcoins NOW.
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That possibility was covered in the article but the data doesn't support it for this crash, it happened too suddenly across too many alts in unison.
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