However, no reason so far justified this, The wind has turned to the reverse, due to the sudden drop encryption and this has put a great amount of pressure on Bitcoin as well.
On the other hand, other cryptocurrencies gather even more severe fate. ETH recently seemed to rise above BTC but the rapid reduction in supply, despite the addition of points to him, pulled him down on more than bitcoins.
The freefall trap has not only reached the world of encryption but all other assets like gold. The reason is not yet resolved.
Source: TheCoinRepublic