I do not know how to explain this, this is the sentiment of the market. Fear came to the market.

especially as it relates to btc, eth, and litecoin

1. Bitcoin is definitely the most stable and reliable crypto currency.
2. ETH in the main was used for ICO, which for the most part is simply collecting money from naive and greedy people. A very small number of tokens will satisfy the requirements of SEC to be securities.
3. LTC is just a fork of bitcoin. To whom and why is it needed, when everything will be fine with bitcoin?