Korean exchanges being seized and shutdown is what caused all the drops.
Ripple broke it's descending resistance it started a week ago. Will be interesting to see if it can stay strong with all the blood in the streets. I bet there are a lot of bag holders that bought at the top waiting to sell.
FUD.
Exchanges weren't seized or shutdown in Korea or China.
For those who put their money in BitCoin Cash or Tether, now will be a good time for them to buy cheap.