In the absence of more regulatory support, cryptocurrencies have fed off broader market sentiment, which has turned sour in recent days.

Analysts are predicting how deep the bitcoin price correction could go and if it will escalate into a full blown market

That's a recent tally of market value across the cryptocurrency world from CoinMarketCap—down from a peak of $3.72 trillion on Dec. 17. The pullback shows how some of the euphoria stoked by the prospe