Check marketcaps, bitcoin down to $450, whats causing the trend?
What's causing the trend??? Use your common sense, BTC has hardly any practical use and common people have no need to buy it. Its no longer even safe to be considered a long term investment. COMMON SENSE is causing the trend if anything.
The only sound way for BTC to have a healthy value is when it is practically adopted and used widely. So if you own BTC, try to use BTC for your transactions instead of fiat.