The Market Capitalization Of The Cryptocurrencies Has Again Fallen Below $400 Billion

The Market Capitalization Of The Cryptocurrencies Has Again Fallen Below $400 Billion

The new week started for the market of cryptocurrencies on a negative trend - all without exception the assets of the first hundred of the Coinmarketcap rating are in the thick red zone, while the total capitalization of the market dropped to $ 385 billion.

Except for the deep drawdown of the market on Friday, February 2, the last time such figures were observed on December 10, 2017.


Considering the top ten of the Coinmarketcap rating, in the last 24 hours bitcoin lost 12.3% in price, trading at the time of publication in the $ 8000 area.

Approximately equivalent (13-15%) were losses Ethereum, Ripple, Litecoin, EOS, Bitcoin Cash, Stellar and NEO. More than 17% lost NEM, while the price of Cardano (ADA) fell by more than 20%.


We also note a slight increase in the bitcoin dominance index - at the moment this figure has risen above 35%.

Recall that on the eve of the representatives of the leading bitcoin-exchanges of India urged users not to succumb to the calls to spread panic and doubts in the press about the likely "prohibition of bitcoin" in the country.

Information Source: Coinmarketcap