After many cryptocurrencies hit all time highs this week I believe we are seeing market correction. In the past few hours total market cap for cryptocurrencies has dropped from over 340 billion to 291 billion at the time of this post.
Bitcoin has gone from its high of well over 11,000 back to 9,600.
How low will the markets drop? I'm not sure but these corrections do happen and if you listen to Warren Buffett "be fearful when others are greedy and greedy when others are fearful.