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Re:Ask HN: What is the reason for the recent drop in crypto ... by WheelsAtLarge on Thursday April 22, 2021 @05:31PM (#26908444)
You can also ask the opposite. What's the reason for the recent rise in crypto prices? Speculators...

The main reason is that some speculators got scared and others are taking profits so they sell.

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Re:Ask HN: What is the reason for the recent drop in crypto ... by OutTeam on Thursday April 22, 2021 @05:40PM (#26908510)
Not all crypto prices have crashed Ethereum is close to all time high. Only Bitcoin has crashed because of power outage in China. A lot of miners are based out of china causing the price to fall.
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Re:Ask HN: What is the reason for the recent drop in crypto ... by fritztastic on Thursday April 22, 2021 @07:25PM (#26909344)
The prices fluctuate, sometimes wildly. They take a dip then rise up again. It's just a part of a cycle.
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Re:Ask HN: What is the reason for the recent drop in crypto ... by loofatoofa on Thursday April 22, 2021 @05:18PM (#26908340)
some kind of economic version of gravity
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