The Global Crypto Market Cap Falls to a New Yearly Low

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RamboLambo
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The Global Crypto Market Cap Falls to a New Yearly Low

Wed Aug 08, 2018 8:04 am

Red greets virtually all digital currencies today with most down some 10% or more following a sell-off in bitcoin ostensibly due to Sec’s delay of yet another bitcoin ETF.

Bitcoin itself fell around ten percent, from $7,200 to now $6,500 on increased volumes of $5 billion during the past 24 hours.

Ethereum dropped below any resistance, managing to cross $370 to now just under it from a previous price of $410. Eth’s volumes have also risen slightly to around $2 billion.

The above is shared by most other cryptos. Xrp dropped 15%, BCH some 13%, Eos down some 16%, while Tether is up slightly, now standing in 9th position by market cap.


https://www.trustnodes.com/2018/08/08/g ... yearly-low

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