I think the increase in icos and new coins is making the market weaker. The spread of capital is too wide and far that a lot of it is being loss to devaluation of the coins being invested.

The non-crypto investments have fair much better such as stocks and real estate. So who wants to get into crypto right now if everything else seems to be doing so well?

Long term believer in crypto so the devaluation we are seeing I believe will not last so long. Thanks.