I think one of the big things bringing the price down is too many people spreading mis-information or partial information via social media.
Take this post for example, you mention the hack of $530M worth of NEM but you failed to mention that the exchange reimbursed those accounts that were hacked.
?
Yes, i agree there is lot of fake news and rumors spreading around...and true Coincheck has promised to refund but as of now nothing is implemented...how fragile is this market which is collapsing on partial news...