Crypto Calamity: Ethereum, Bitcoin Prices Sink as Market Plunges Below $80 Billion

Crypto Calamity: Ethereum, Bitcoin Prices Sink as Market Plunges Below $80 Billion

The market downturn picked up speed on Tuesday, as the total cryptocurrency market cap plunged to its lowest point since May. There has since been a slight recovery, although all of the major coins still post 24-hour losses. On Monday, the total cryptocurrency market cap fell below $90 billion for the first time in July. This market cap evaporation continued on Tuesday, as the total value of all cryptocurrencies plunged as low as $77 billion, a number we have not seen since late May. At present, the market cap is $84 billion. Bitcoin Price Drops Below $2,400. As eToro wrote yesterday,....


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