All crypto's are getting hammered. Bitcoin just broke a psychological threshold of 6k. Could go below 5k now. That will continue to be rough on eth and xyo.
Just to finish my thought, I have a metric I'm watching. I won't share the details but anything close to 5k for bitcoin should ignite it again. Could happen anytime in the 5k range actually but pressure will be downwards for the near future. If it drops below 4800.00 that's trouble. This is some sound speculation .
Crypto currency had a big hit this year because of possible us and asia regulation policy and it's nothing new they saw it was a free spirit market with its own community and price and they decided to pitch in - every single regulation will cause drop in crypto price, on the other hand it's simply a one time flare. I do not expect much from BTC though I give it going back up a bit but maintaining 8-10k average.