Previously, there was unjustified growth today, a logical correction of all altcoins and we have some bad news.
So, yesterday it became known that the emitter of tokenized dollars Tether was the victim of the attack of hackers. Also recently, Dan Morhad, director general of investment company Pantera Capital, suggested that before the growth continues, the price of the first crypto currency will collapse by 50%. So will see more correction
The growth was really unjustified and obviously newbies were not buying into bitcoin for the right reasons except for the fact that they wanted to make quick profit which cause us to have a huge pull back like this. It is normal after a huge run and sometimes when some panics are created in the market, but it is nothing to worry about.
A time will come when the whales will see that as they keep dumping, people will keep buying until they lose out. That would be when the scaling issue must have been solved though.