Was it India or the USA?

It seems India is being blamed for the correction today but I think the market is more forward thinking. This is going on next week, US: SEC, CFTC To Focus 100% On Crypto In Dedicated https://cointelegraph.com/news/us-sec-cftc-to-focus-100-on-crypto-in-dedicated-hearing-next-week and although ultimately regulation will bring more legitimacy and much more money into crypto markets fear the unknown and further downside is possible