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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)
By: Anthony Garreffa | Cryptocurrency & Mining News | Posted: Feb 6, 2018 12:49 am

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.

 

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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.

 

 

More Crypto News/Content:

 

Russian scientists busted mining crypto in NUCLEAR facility

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NVIDIA says cryptocurrency demand 'exceeded expectations'

NVIDIA: 'we are 10x bigger than our GPU competitor'

GPU prices slightly better, GTX 1080 Ti is now 'only' $1100

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$4 trillion wiped off stock market, tech stocks are HURTING

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Ripple (XRP) sets a new all-time record price of $3.17

Ethereum closes in on $1000, momentum isn't stopping

Ethereum reaches new record all-time high price of $870

Ripple (XRP) value blows up, bypasses Ethereum's market cap

Crypto expert kidnapped, had to pay $1 million BTC ransom

UnikoinGold is now available on Bittrex

Bitcoin could be worth $0, according to Morgan Stanley

Facebook Messenger malware mines Monero on users' PCs

Using 'blockchain' in new name, company shares rise 500%

MiningSky 8-GPU Mining Rig V1 Review

French dominatrix pimps clients out in 'Crypto Slave Farm'

North Korea hijacking cryptocurrency industry workers

Analyst: Bitcoin on its way to $400,000 - will happen soon

You can now mine cryptocurrency with your BODY

NEWS SOURCES:Pixabay.com

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