Big Institutions have effectively pumped and dumped the entire market, I think the the central banks pumped the full market to attract new investors and then quickly pulled their money out to crash the market and also burn new investors which would create a negative stigma about crypto in general to the common man. Also bank run mainstream media has quickly jumped on the bandwagon and quick to attack crypto, but this is not a first as the mainstream media always attacks crypto whether the market is bullish or bearish, such as Jamie Dimon saying 'bitcoin is a fraud'. The attacks systematically induced as cryptocurrency poses the biggest threat to their dominance over the world in century's.
Everyone Please do not give in to the temptation to sell your coins, keep hodling and the market will soon be bullish again, but be aware of the bigger plan here, as the whales will do the exact same again by pumping and dumping the market again, so if the market say for instance reaches up to 1 trillion market cap but the end of next month, think about selling some of your coins and waiting for the correction as it will happen again. I personally think we will see a new all time high for market capitalisation and then also a corresponding all time low, so steemians please try to ride the wave as all the whales do.
Also I was thinking would anyone like to pool funds together and become a whale, so we could make some healthy crypto gains, I was thinking to use a multi-sig wallet so no one person could the steal the funds of community funded whale?
Also just giving a shout out to my boy Jacob Rothschild
Lol just kidding, the sooner the earth has gotten rid of people like this the better. Hopefully crypto makes central banks obsolete