Seems it was pretty easy for the banks to kill BTC.
All the tough talk from crypto meant nothing in the end. The banks simply said stop and btc stopped lol
That's what happens when you have a decentralised currency that relies on totally centralised exchanges and fiat input/outputs.
Wait till US banks and UK banks change their minds. Crypto will be worth nothing.
Bringing out a zillion different shitclones per day will not help.
P2P exchanges and something like local BTC on steriods is required in the next few weeks or you can kiss goodbye to crypto forever.
BTC has seen much bigger falls before, remember the $250 -> $50 drop?, or the $30 -> $1 drop?
There's more belief in bitcoin now than there was back then and the price reflects it.
There's also no time frame in which btc has to get things right, nor does bitcoin have to be the best and last crypto currency.
Of course a lot of people including myself have lost money in the short term, but that's a separate issue to the success of cryptos in the long run.