Needless to say, this is not surprising...crypto is rife with this. Here's a take by Sunny Decree on what may be happening in the cryptosphere today. Looks like by discrediting some of the Korean exchanges, the prices dropped, causing some panic selling.
I don't always agree with everything Sunny has to say, but he has a valid point on this one:
Hopefully ripple will rise again and we see like 10 dollars at the end of the year!
It will get listed this week on a Japanese exchange called BMM, so it will hopefully get back to being 3$ something.