The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

The downfall is a temporary event came with bitcoins and this one happens due to some fuds scattered, the big one is the google banning the crypto ads which totally hurt the whole cryptocurrency ecosystem. But surely the price and the cap will recover soon and we will see the massive pump coming on future.
Definitely agree with you mate this downfall is only temporary because of so many FUD news scattered all over the internet that is why some get panic and sell their coins which makes more the market down but me I never doubted bitcoin and I always believe that it will recover and pump soon.