If it's untrue then how all are in free fall?
No distinction of currency coins, privacy coins, tokens, blockchains, protocols, utilities etc.
All are falling.
No doubt what you are saying is true, but we investors are governed by our emotions we are swayed by the majority actions and decision, if there are fuds we tend to believe that it's the end it's like a domino effect even if we still want to continue it's time for us to chance our mindset.
If that is the case then investors need to find a way to strengthen their will, it is true that sometimes FUD can be very strong but it is nothing compared to the potential that cryptocurrencies have to change the world, this is why despite the FUD I am still holding my coins because I know that sooner or later the price will recover because the adoption of most coins will go up as the people realize their incredible potential.