Crypto Carnage: What Is The Reason Behind The Latest Drop | Business 360 | CNBC-TV18

We have seen a bit of a rug pull in crypto currencies over the past couple of days. After rallying sharply on Friday along with everything else, Bitcoin rose a little bit further to reach $21,400, before plunging to two-week lows beneath $20K. Other cryptocurrencies have also dropped sharply.

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[thomasrichard]

Thanks for the insight, but I'm still confused why Bitcoin and crypto prices keep dropping? This drop follows a number of other significant drops in recent weeks. I still hold enormous value of cryptos and it scares me. Whats your take on this?