Check out my reply to a similar question above.
"Even though the Bitcoin controversy isn't even imminent. Investors are spooked by the uncertainty. I believe the official signaling begins August 1st. and a solution won't go live for another 3-4 months.
A lot of new money has come into the crypto space and alot of that has gone into ICO's. These billions of $ in crypto held by ICO's need to be cashed out to pay for bills and expenses."