Exchange inspection is known news and completely expected, why the sudden $100+ price drop. Someone must know something is up.
Just Yellowman giving Whitey a good shafting once again. Nothing to worry about, keep buying up dem 'cheap coins'.
All seems vaguely familiar....
Big Chinese driven pump, followed by some 'bad news', and a subsequent death plunge of a market crash. Mr China been selling their BTC bought with CNY or mined in China on the USD exchanges on the way up, Whitey been panic selling on the way down, as Mr China switches the fake trade volume generator on the totally unregulated CNY exchanges, into reverse.....
....of course, this time around, USD exchange volume was conspicuously anaemic. Perhaps the Bitcoin game will soon be up. No serious western capital can risk playing in a market they know is owned and controlled by a small cabal operating in China, not to mention the Bitfinex scandal which basically proves to anyone with an ounce of sense in their heads, that Bitcoin exchanges are totally unsafe places to have wealth stored.