It's a tricky thing.
We have people purchasing Steem because they use it on the Blockchain, and then, obviously we have the investors that only care about price action. Investors are clearly extremely skittish and run away at the slightest issue. Instituitional investment manipulates the price for its own benefit and requires retail investors to make money off. Retail investors are still in the bankers grips though, they won't risk their Fiat bank accounts to buy crypto.
Australia has 4 big banks. Of those 4, 2 have cancelled the accounts of people purchasing from Coinbase... but last week all 4 came out and said they won't do that any more... and I think that's because we're getting to that critical mass point where the banks can't afford to treat people so badly. They now need us more than we need them.... which is as good a sign as any that the future of crypto is bright. Despite the last couple of months.
I ordered my Monaco card last week... we'll be able to make any purchase using a range of fiat and crypto at anywhere that accepts Visa. This is huge! We won't even need retailers to accept crypto.