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Why do cryptocurrency prices fluctuate so often?
The prices of cryptocurrencies fluctuate because they are still a new form of currency. There is not enough trading volume to stabilize the price, yet there are too many people trying to cash in on what crypto has dropped today for it to remain stable. Prices vary significantly day-to-day and even minute-by-minute due to this high amount of movement in the markets.
How often do crypto prices drop?
The price of crypto drops on what seems like a daily basis. It is not uncommon for crypto prices to drop by what would be considered significant amounts in one day’s time and then recover the following week.
Will crypto recover?
Many people ask this question, but there is no way to know when crypto will rise again. However, the overall trend for cryptocurrency seems to be up year on year with dips every 6 months.
How to find out what crypto dropped?
You can find out what crypto dropped by using what is known as a “crypto tracker.” These trackers automatically monitor crypto prices and send alerts when they change. You can also check out the charts below to see what crypto dropped today