Cryptocurrency market capitalization fell below $ 200 billion The declining prices of cryptocurrencies sent the total capitalization of the segment to a new minimum for the current year - below $ 200 billion.

Cryptocurrency market capitalization dropped below $ 200 billion

Falling prices of cryptocurrencies sent the total capitalization of the segment to a new minimum for the current year - below $ 200 billion.

According to CoinMarketCap data, cryptocurrency market capitalization dropped to $ 189 billion around 05:00 GMT on Tuesday and is at $ 194 billion at the time of publication.. For the first time, the indicator rose above $ 200 billion in November last year amid the excitement caused, among other things, by the approaching launch of Bitcoin futures.



Today's fall was led by Zilliqa, the value of which dropped by 35% over the past day.

The situation of other large cryptocurrencies has also worsened. Thus, Bitcoin loses 5% and remains above the $ 6,000 level, and Ethereum - already as much as 15%, trading at $ 272, after it touched the $ 250 mark this night.

XRP, the third largest cryptocurrency, also renewed its 2018 low, reaching $ 0.265 and thus returning to the level of early December last year. Over the past week, its rate fell by 35%, while EOS over the same period lost 37% and costs $ 4.42.



Against the backdrop of these movements, the bitcoin dominance index continues to grow, the value of which this night approached 55%.

Similar articles

• Bitcoin hits a weekly low, falling below $ 7,800 The price of bitcoin fell below $ 8,000 for the third time in the last 7 days, this time updating the weekly low and reaching the level of July 24.

  Bitcoin hits a weekly low, falling below $ 7,800 The price of bitcoin has dropped below $ 8,000 for the third time in the last 7 days, this time...

• SBI Group and Huobi will open a new cryptocurrency exchange in Japan Japanese financial conglomerate SBI Group has announced an agreement with the Huobi exchange, under which a new platform for exchanging bitcoin and other cryptocurrencies will be opened in Japan. The new exchange is expected to launch next year. Writes about it Cointelegraph.

  SBI Group and Huobi to open a new cryptocurrency exchange in Japan Japanese financial conglomerate SBI Group announced an agreement with the Huobi exchange, in...

• Ethereum Co-Founder Joseph Lubin: Cryptocurrencies Are An Example of a Good Bubble Ethereum co-founder and CEO of blockchain company ConsenSys Joseph Lubin believes the cryptocurrency market has completely plunged into a bubble. He stated this in a conversation with Bloomberg.

  Ethereum Co-Founder Joseph Lubin: Cryptocurrencies Are An Example of a Good Bubble Ethereum Co-Founder and CEO of ConsenSys Blockchain Company Joseph Lubin...