This is a normal happening. From time to time the volatility will not be as wide as it is today.
The sharp increases are always followed by significant corrections.
At the end it will balance, although some cryptocurencies will not survive there will be some with stable pattern on their charts. All this after couple of years. Before that, big pumps and dumps will be happening from time to time. The governments, large corporations and different cultures are still in the introductory stage.