It is just the next in turn FUD that is coming from China. They just declared that access to centralized exchanges will be banned from China.
Here is the Reuters link:
https://www.reuters.com/article/us-china-bitcoin/china-to-block-cryptocurrency-platforms-that-allow-centralized-trading-bloomberg-idUSKBN1F41G9

This lead to BTC collapse and as you can see its little brother LTC and all of the alts are following it badly...