Thanks for the input guys. I wasn't worried at all about the downward trend. Frankly I welcome down turns for buying purposes!
My concern was about the parallel reduction across all the coins mentioned in my OP. From most of the articles I've been reading and certainly there's hard evidence to this, when BTC prices goes up quickly, alt coins drop as people convert over to BTC. In this case, both BTC and alt coins dropped which to me, correct me if I'm wrong, this means liquidity is being removed from crpyto as a whole and converted back to fiat. I just found the reaction odd, as well as the timing seemingly within minutes.
I also saw the tether hack today and some main stream sites said it was to blame for the decrease:
http://fortune.com/2017/11/21/bitcoin-price-ethereum-price-tether-hacked/ Obviously there was a quick recovery.
From everything I've been reading, this seems to be the main culprit. It will probably be a temporary setback, as these things usually tend to be. People have very short memory spans - especially when there's an opportunity to make more money.