Do you know why bitcoin going so much down?
I think because some investors are more interested now in altcoins, there are altcoins that also has a potential to rise in the future and it is possible because bitcoin is too expensive to have right now. That is why maybe some investors are putting their investment in some altcoins.
Bitcoin is getting down but that's quite natural for it since the currency is too volatile and fluctuations in the price are common for it. That could also be a reason for the people may be switching to some other altcoins as still the currency is retaining a higher value thus making it too expensive for the investors to invest in it and that factor in some way or the other is affecting its value...