What is going on in the world?
Has bitcoins spirit and purpose been lost and gambles taken over

This might lead to high volatility in the price of bitcoin
Imagine a few bubbles pop in the altcoins universe at the same time, everyone will rush to cash out their altcoins to bitcoins and then (maybe) to USD , leading eventually to the bitcoin/usd price to pop too
Don't know if the market cap of the altcoins can have a big effect in the BTC/USD price