You must be new here... Read up on silk road.
Been trading BTC sense 2011. Bought of silk road once or twice. Dont see the correlation. People see a trusted bitcoin site/committee member arrested along with Russia fud. they get scarred. And dump. I believe in bitcoin understand prices will return. My point only is that their is going to be a rapid sell off soon, and I dont see how anyone can think not.
and why do you think we haven't already seen the sell-off? why do you think it takes the market 6+ hours to react to the fud?