This collapsing is not a new thing to Bitcoin, because we have seen worst than this in the past and yet the price of Bitcoin went up again after much resistance on the price, because the recent war in Russia and Ukraine is one of the very reason for this fall in the price of  Bitcoin, because currently now the total market cap is $927.26billion, while the price of Bitcoin now is $20,275 with a dominance of 45%, which is quite not that bad that it can not recover after some time, because I strongly believe in Bitcoin