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.

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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

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