I don't think there is a single country that is doing all it can to discredit Bitcoin. The United States of America may not be embracing Bitcoin fully but it is not that inimical to it. China is more aggressive in suppressing the growth of Bitcoin. We can still remember how their crack down on crypto exchanges and ICOs caused a big deal of negative movement to Bitcoin and the rest of the cryptocurrencies. I think the reason for this is not just one or two or three. There are compounded reasons for this dip in value for sure.