NEMsters, the price was falling due to byteball distribution! There is a rush for holding BTC as byteball distribution requires BTC balance holding on a BTC address registered with byteball. This will end in just an hour from now. You should expect crazy buy waves tonight not just in XEM but in all alts.
You should also consider not holding any BTC cause there will be rush in selling BTC too!
You have been warned!
There maybe will be a little effect, but there are "only" roundabout 200 k BTC linked to Byteball right now. I don't think all of them will be sold right after Distribution of Byteball.
But sure, if you have BTC right now, link them to Byteball. 40 Minutes left.
How to "link them to Byteball" ? I don't see anything about this at byteball.org page...