Cryptocurrency market cap down $500 billion in a month

Cryptocurrency prices are in freefall right now, with the crypto market cap down to $328 billion (down from over $800 billion)

@anthony256
Published Feb 5, 2018 6:49 PM CST   |   Updated Tue, Nov 3 2020 11:52 AM CST

Anyone that is involved with cryptocurrency is feeling the same thing we're all going through right now: every emotion available to my human vessel is being amped to 500% right now.

Cryptocurrency market cap down 0 billion in a month 01 | TweakTown.com
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The entire cryptomarket is in freefall right now and while it's not an outright crash, some people are calling it that - and it seems so, especially when you look at the total cryptocurrency market cap. At the time of writing the crypto market cap was at $328 billion, down from the lofty heights of $830 billion back on January 7.

This means a huge $500,000,000,000 has been wiped away from the cryptocurrency market cap, a huge number... half a trillion dollars, gone. Everything is down as well, not just Bitcoin which has dropped from its heights of $19,500 in January to just $7000 now.

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NEWS SOURCE:pixabay.com

Anthony joined the TweakTown team in 2010 and has since reviewed 100s of graphics cards. Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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