The media were singing the praises of BTC, Cardano, Stellar, Ripple, etc and NOW LOOK.
In my opinion this will scare any newcomers and existing participants of this market space!
A lot of damage has been done!
Just about every chart analyst didnt see this!
Yes the dump Will scare business men away from crypto but not investors. Business men that are looking for fast profit will run away but investors who see the crypto as future will buy more in this dip.