I think crpytocurrency world has seen an interesting 2 months. Here is why from my point of view:

1) Ecosystem has changed dramatically. Regulations are slowly shaping all over the world. Which is good and bad same time.

2) BTC and other altcoins are now immune to bad or negative news. Which means also immune to good news as well. Look at Ripple price: even many good news are coming, it's price is not going up.

3) Lots of people's tie had been cut or given fear to be cut with global trading; such as China, India, Korea...This looks like 1980's era of countries closing their markets against foreign affect.

4) January crash was a real remarkable crash. Lot's lot's of people are now holding without trade because they bought at high. This reduces the daily volume(why do you think the btc transaction fee dropeed?). Now price depends on new buyers until prices recovered to December level; which might take some time.

5) Airdrops, ICO's became attraction point. But these projects need time and investment to mature. Some trash projects might raise big money just because attraction.

The last but not least...World finance system, currency system is started to change; soon our daily lives will start to change as well. This is a transition period. We are witnessing the history.