Anyone could've predicted that, really. I mean think about it, the entire bitcoin market cap (to the extent one can use that term) over the past quarter averag

Anyone could've predicted that, really. I mean think about it, the entire bitcoin market cap (to the extent one can use that term) over the past quarter averaged $3.7 billion. And roughly $1b has been invested VC invested into bitcoin companies. Of course it has to slow down. The companies have money to burn now, VCs need to see some traction over the next few years before, it just makes no sense to invest more than a billion in a small market. Or rather, there just aren't any new companies that can get any traction that aren't already funded (e.g. competing with Coinbase) because the market is already saturated with decent, well funded startups. Developing countries are the exception. Bitcoin has its ups and downs. It doesn't report for example that the price is up by 33% from 7 days ago.