It's a mere price correction from the around New year hype I think. I might have actually mentioned it already in one of the reply's on earlier post. We might see some stagnation now because of the fear, but soon we'll see green again :)
If you take market cap from last year and example BTC price last year around the same time, they look pretty much the same.
But I might give you a point here on BTC, because normally we saw drops like these scare people a bit and want to stay with something they're familiar with. That's ofc BTC for 99,5% of us.