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.
Even the bitcoin prices were falling this just shows that people were using it for investment not for the privacy or convenience.This has some positivity as well in the growth of the crypto market in terms of economical value which will let the people to know about it and will increase the adoption with much increased phase and at some stage people will realize why they need to use crypto.