Xapo president Ted Rogers suggested cryptocurrency markets could be facing a “mass extinction event” as Bitcoin’s fresh downturn drags altcoins ever lower.

Considering this he also tweeted a few days ago this could be in the midst of extinction-level event for crptoassests.
Around 90% of the market can disappear in this process ( maybe) .
Ethereum is also at all time low since October 2017 stumbling at around 250$s .

This drop can prove to be good for Bitcoin buyers .