Cryptocurrency Down Trend Continues As Crypto Market Cap Falls Below $1 Trillion
The crypto market's woes continue to grow stronger and more oppressive, as the industry’s almost $3 trillion market cap has fallen to under $1 trillion. With the downtrend picking up more steam, bitcoin, ethereum and oth...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The crypto market's woes continue to grow stronger and more oppressive, as the industry’s almost $3 trillion market cap has fallen to under $1 trillion. With the downtrend picking up more steam, bitcoin, ethereum and other altcoins are struggling to maintain themselves. In November of last year, the entire crypto market was at a market cap high of $2.8 trillion. However, in just six months, this value has plummeted. According to Coinmarketcap, the total cryptocurrency market caps now rests at $959 billion, while Coingecko charts show that the total market cap is just about to go below $1 ...
Read The Full Article On CryptoCurrencyNews.com
Get latest cryptocurrency news on bitcoin, ethereum, initial coin offerings, ICOs, ethereum and all other cryptocurrencies. Learn How to trade on cryptocurrency exchanges.
All content provided by Crypto Currency News is subject to our Terms Of Use and Disclaimer.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoCurrencyNewsRelated market context
FG Nexus dumped all its Ethereum at a $45 million loss to buy mobile home parks—after earning just $144,000 in staking rewards
FG Nexus has abandoned its Ethereum treasury strategy less than a year after launch, redirecting its focus toward real estate deve...
Ethereum (ETH) Price Prediction: Ethereum Targets $2,900 Recovery as Staking Growth and Whale Demand Strengthen Bullish Outlook
Ethereum price is trading near $1,885 after recovering from the recent pullback towards the $1,850 support region. The move has pl...
Gaming firm GameSquare boasts a $26M Ethereum fortune, but quiet debt fine print leaves just $2.1M in real cash
GameSquare Holdings reported stronger second-quarter operations alongside a $7.83 million crypto-linked accounting loss. The gamin...
Why millions of everyday savers will soon own Bitcoin without ever downloading a crypto app
A future Bitcoin buyer may encounter the asset through a portfolio they already own. An adviser can add a small allocation, a brok...
Bitcoin News: Metaplanet CEO Shuts Down BTC Sale Fears
In Bitcoin news today, BTC trades at around $63,500, down -0.6% on the day, sitting in a tight range while the market absorbs a fr...
Fidelity Seeks SEC Approval to Add Staking to Ethereum ETF
Key Takeaways: Fidelity has applied to the SEC to enable it to stake an unlimited percentage of its eligible Ether under normal co...