I think there is a lot of bad news that makes investors disappointed with bitcoin and finally they prefer investors to secure their assets because they no longer trust bitcoin, so that the current conditions at the exchange place are falling very badly.
They first disappoint most Bitcoin investors had came with Bakkt.
Most people held on to their Bitcoin as they expected it to increase in price because of the launch of Bakkt.
However, price went down, a lot where confused. Presently, I think people are selling are panic selling. They lack patience to see what the ending of the year brings.