Monero has been absolutely dying over the past month but what is the reason? Did something happen causing a mass sell off?
Why is the price of Monero down in the past month?
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@wealthyu I think the price relative to BTC has been relatively stable (in-fact, I think XMR has gained a bit on BTC).
Other than that, the price of all altcoins are tied to BTC in some way, and so if BTC is doing poorly - everything else suffers.
The best way to gauge the price of an altcoin without BTC factors is to look at the price relative to BTC. It's a better indicator.
As far as what's happened to BTC (And thus Monero too as collateral damage) look here: https://www.youtube.com/watch?v=eyyDNAj6K_c