I could not understand what is happening, from price correction to this mighty price dump. Bitcoin bellow $3500, ethereum $235, litecoin now $48 and ripple fall below $0.19. I think Chinese government and traders are really dealing with altcoins and bitcoin hard now.
Yes they are and with the news that are being known. I think its normal nowadays because many are waiting and buying bitcoins to prepare in the year of 2018 which bitcoins price can rise more than as expected because of adoption.