The crypto market has been very hot for the last few months with this month being a major cool down period with lots of fud and negative publicity, looking at the chart the green and black lines represent normal healthy growth.
Looking beyond the chart the rise can be accounted to main stream media such as bloomberg, cnn, cnbc, even local radio in France! heavily covering the space generating hype and excitement then suddenly the coverage stops and a few weeks later we start seeing the FUD. Such as the Tether Incident although I would argue Tether is still functioning so I'm not entierly sure why the market is panicking so much but then again it always overreacts to any news.
I would like to remind you all that the technology is still evolving the user base is still growing and there are real scaling solutions that are here now! Sharding and lightning network are here!
