Oh a salary in bitcoin - would mean people would have to sell their Bitcoin to get cash if they were not using crypto - though if people were using crypto to pay for things more then that would work out well - though one would argue, why not just pay with cash?
There must be multiple factors causing the red market... question will be how long will this go on for?
If you thought that it will recover, some retracement follows. Bad ICO is also a contributory factors, which so many scams going, investors are reluctant to pour their cash again. And noobs who got burned, doesn't want to go back in fear of losing more money.