For the past couple months the cryptocurrency market, as a whole, has been on a downtrend.
It may not look like a significant drop by glancing at this chart, but BTC has experienced a 50% drop since December. And many of the altcoins have followed suit.
Personally I believe this is just a well-needed correction. Growth at an unrealistic pace is unsustainable. And the amount of hype toward the end of 2017 was crazy. I remember wishing for $5000 before the end of 2017. I would never have guessed BTC would've peaked near $20,000!
10k is a large psychological barrier and seems to be the new bottom, give or take a few hundred. Currently, BTC and all alts are back on the downtrend, take a read of my previous blog post which highlights my observations on what I call, 'The January Dip'.