Speed Cap Bug? Or Was insanely reduced

My nearby pokemon keep disappearing on my walks, and pokestops frequently are forcing me to wait a few minutes in order to spin them and say "Try again later". Similar to when you used to hit the speedcap, but Im leisurely walking. Cant tell if its a bug, but I hope it is because if the company actually reduced the already painstakingly low speed cap then you guys are just messing up the player base

TheKurosakiClan about Pokémon GO, v1.29.1