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!
This media has distributed a false news about cryptos so that many people get scared to invest their money in cryptos. And also the group of big whales who likes to manipulate the price of cryptos. They want to spread FUD news so that the price of cryptocurrencies will be affected to go down in zero value. And it's their strategies so that they can buy all coins in a very low prices.