This is happening since yesterday, why are you seeing this just right now? If you are not updated at all, let me tell you that bitcoin touched less than $11000 during last night.
And now it is recovering, it is a slowly process, but it is doing so, so dont worry about the prices, they will recover sooner or later.
That's the most recent one, it is recovering now very fast. I mean bitcoin seem to increase at this point and I guess other three pillars will follow the same soon. For bitcoin I'm sure it was some sort of panic selling after the correction was being done in the market.
But it is still not solid proof of that as we also observed at the same time that the whole top 50 list and even the down list was in negative trade. Almost all of them were below -20% at the same time so where the money exactly went out? That's the real question here really. Whatever it might be I think it was related to panic selling and now it's recovering really fast, so let's wait and watch the next move.