Don't forget that the markets are also down today.

Bitcoin is dying. Well, it's been dying from the start but now it's dying a little faster. The split in the maintainers is between those who believe in supply-side economics and those who believe in demand-side ones. At the moment, the supply-side supporters appear to be on top. That means Bitcoin is dying a little faster. But it's going to limp along for a while yet, so it's still worth using.