According to Bloomberg, the drop in the bitcoin rate is due to the fact that the Chinese authorities reported blocking platforms for trade in crypto currency. Sources of the publication report that China intends to block access to local and offshore platforms that allow for centralized trade.

In addition, the news from South Korea is fueling the situation. There they started talking again about the prohibition of trade in crypto currency.

There is also an opinion that the collapse is associated with a sharp increase in the rate for most crypto currency in a short period of time with a very small number of corrections.

But my opinion is that rich uncles will make a month's collapse and will be lured out of the simpletons, and panicked by their darling BTC.