Why did cryptocurrency fail on 26 June 2017?

I dare to say cryptocurrencies are still undervalued. Rising understanding to the collective consciousness will make them useful tool to solve today’s economic problems around world caused by structures of traditional monetary system. We can see people of Venezuela losing their savings as value of money drops like bomb. There money is flowing bitcoin as more stable and trusted currency. When we see countries of people adopting bitcoin it stabilizes itself with growing huge market capital where 10B movement to other cryptocurrency means clean weather. Storm in Failed Fiat monetary system waves like crazy in the toilet it soon have been flushed down.
Central banks know it

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Markets don't go up in a straight line, and we're seeing a normal correction after a huge move up. This is the time to buy not sell.

Oh that's right.. thanks for suggest