Yes, it seems that the Trump announcement was not the cause but was a smoke screen to hide behind. The real cause was possibly overleveraged trading, or it may be that the real cause was a criminal entity or insider.
Indeed, all we have left is denial and hopium as our world of altcoin vaporware goes up in smoke, as it should ultimately, while bitcoin climbs as was always going to be the case.
Sadly some say that even bitcoin is run by the US military and will be used to capture us in time. I don't know. But someone engineered for a lot of us to lose a lot of money globally right now.