It would depend on whom you ask 

For some Bitcoin is supposed to be a currency, for others Bitcoin is intended to be a hedge against inflation (digital gold) and others believe Bitcoin is a commodity, etc...
I have read that Bitcoin has followed the behavior of the markets before specially the technological stocks, perhaps this is the case?

I would not panic over this news and the behavior of Bitcoin, this is a market that has proven itself to be unpredictable and volatile, we all knew we are here for a wild ride, arent we?