The market reacts to the news about Bitcoin ETF
SEC recently declined the Bitcoin ETF and the market reacted and all the big investors took their money out for now.
The next move I think will happen in September, thats when CBOE's ETF petition should be getting an approval by the SEC .

Below is a link to a related story
https://cryptoslate.com/sec-commissioner-no-reason-not-to-allow-bitcoin-etf/