The bears suddenly came to the market on the news of the police raid at the headquarters of one of the big Asian crypto exchanges called bithumb, i think this dump will be short lived and market will soon recover so no worries.
We may see other news that will continue to push cryptocurrency prices even lower. this is how news and major market players work. they create panic when some negative happens and when there is a boom in the market they release a lot of good news to create FOMO