Today S.E.C. Accuses Binance of Mishandling Funds and Lying to Regulators. If Binance lose in this case then whole market gonna be drop drastically, I hope this doesn't get as bad as I imagine it to get.
I don't exclude the possibility that there is a powerful FUD going on right now to force weak hands to discount their coins at low prices, before the surge forward. There is an atmosphere in the news, like the SEC is against all cryptocurrency. Such an industry can't just disappear at the beginning of its development, when the introduction of cryptocurrencies around the world continues every day. The fall of the crypto market is definitely beneficial to someone and now they will provoke an outflow of money from this space by any means. As always, ordinary investors will lose on this, while large capitals will get an opportunity to buy more at very low prices.
P.S. A link to the source should still be given when you take someone else's phrases into your text. That's for future.