Bitconnect crashes and these losers (who gambled their life savings on it) desperately cashed out in their other crypto investments, causing the rest of the market to crash in the process.
If any coin structures guarantee you 14x on your investment per year, steer clear! USI-TECH is next in line but I don't think USI-TECH has enough influence to crash the market the way Bitconnect did.
Ponzi schemes like bitconnect and usi-tech bring a bad name to this community and the people who invested in them deserve to go rekt.