RE: why has the crypto market taking a dive today?

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why has the crypto market taking a dive today?

in crypto •  7 years ago 

is this because china banned the coin? when is it going to bounce back or will it ever? im kind of worried bitcoin was 4600 yesterday... thanks for the response!

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China news. Big whales probably using the news to make money.
No worries. Always bounces back. Highly volatile market. I don't even blink if bitcoin doesn't drop less than 20% daily. Seeing it ride like this for years, it's super common, if anything, not as volatile as it was... but the news still uses emotional words like "crash" and "dive".