Crypto Massacre: Why Bitcoin, Altcoin Prices Suddenly Declined

A natural process
Jason Cassidy, President of Crypto Consultant, tells Cointelegraph that this development is normal and nothing out of the ordinary.

Cassidy says:

“As we witness the birth of a new financial system taking shape, it is natural to witness a certain level of speculation. Organic growth is certainly taking place and progress is being made from the top down. Government recognition and approval, continued merchant and consumer adoption along with innovative services are helping broaden the currency's appeal and utility.”