Maybe, maybe not.Last year bitcoin prices increased dramatically, the sudden rise seems to scare people and governments. And so many people are surprised because the bitcoin price is down.
A lot of investors including its users want to use Bitcoin because of its volatility. They invest on Bitcoin since they want to earn good profit through time so I don't know why would they be scared of the dramatic increase of Bitcoin's price? That is the purpose of their investment, and why would be the government scared too? Wouldn't they be happy since another set of money will be circulating in their country when people started to sold their Bitcoins?