i think this year is not year for cryptocurrency (bitcoin)
many FUD and bad news come to this
2019 maybe the begin for crypto to make a new history with highest prices
Yes many people were panic selling their bitcoin
The market is finding it difficult to sustain the total cryptocurrency market capitalization above the $200 billion mark. The news of the U.S. Securities and Exchange Commission (SEC) suspending trading in the Bitcoin Tracker One and Ether Tracker One securities has further dampened the sentiment.
While the total market cap has declined sharply from the start of the year, it is still higher than it was a year ago. On September 10, 2017, the total market capitalization was about $140 billion. This shows that the current fall has only removed the excess froth from the system, which is bullish from a long-term perspective.