There is huge fall in the bitconnect price from its all time peek value , market cap erodes 35 % speculating the service down of it .
From the website notification is displaying :
Bitconnect Accessibility Update - Glitch in the website’s service
The bitconnect dashboard and exchange platform will remain inaccessible due to a glitch in the website’s service. We shall be aiming to reactivate accounts by 3:00PM (GMT), 27 August 2017. Read more
-The Team Bitconnect
It might be the cause of the fall which in couple of days would be functional , meanwhile people are profit booking their holdings in it.