Last year ethereum also experienced a decline as it is now, but to my knowledge does the price not fall as badly as this? how could this happen? what is behind it?
my opinion is that the cryptocurrency market is subject to constant speculation, whales creating news backgrounds fully control the situation when you need to buy or sell. And people mostly trust new news or celebrity advice and do the wrong thing. Now on the market to panic and need not sell but rather to buy it, always proceed in the opposite direction of panic waves.