Since the Cryptocurrency market cap peaked at $178 billion in early September, we have seen a reversal and loss of $58 billion. With all the FUD coming from China, to JP Morgans Jamie Dimon calling Bitcoin a "fraud", it's no wonder people are hesitant in the BTC world.
Do not fall for the fear being pumped through the news and media outlets, because at the end of the day cryptocurrencies are here to stay and will revolutionize how our current payment/banking system works. The banks know, and fear this.
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I think its just a market correction. It went from the $700's in Dec 16 to 5k this month. It will become ever stronger later this year.