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Crypto Market Plummets 8% in Steep Correction

From decrypt.co

Crypto investors are reeling from an overnight crash that shrunk the crypto market by 7.92% and knocked $10,000 from Bitcoin’s price. The market cap for crypto is now $2.08 trillion, according to data metrics site Nomics. In the early hours of the morning, Bitcoin fell to lows of $52,144, a sharp drop from highs of $61,271 yesterday. {chart} Bitcoin took the rest of the market down with it. Ethereum sank 11.45% to $2,137; at its lowest ebb it traded for $1,978, its lowest price since April 7. {chart} Altcoins are suffering the worst today. XRP, which made impressive gains following a string of victories in court ... (full story)

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  • Category: Fundamental Analysis