RE:There is no reason for... Agreed for the most part, but I can see people trying to take advantage of the Bitcoin and Ethereum correction that's happening right now.
This correction is quite healthy at this point though, so obviosuly some sellers got ahead of themselves.
Will be an interesting week to see how Bitcoin responds to a Biden presidency. I think it (and as a result Ethereum) will start to climb quite a bit, especially with a new fiscal stimulus on its way.