A teljes Crypto Market Cap 1.5 tonna alá esik, a BTC és az ETH alá

Mint egy jelentést, the entire cryptocurrency market keeps sinking overwhelmingly due to Tesla CEO Elon Musk and China’s crypto price depression. Moreover, the entire crypto market capitalization has currently dropped below $1.5 trillion.

Of note, the sudden fall of the crypto market cap represents almost a 9% reduction within the past 24 hours. Not limited to only this, it also marks over 35% drop down in the recent weeks and a total decline from ATH of almost $2.5 trillion since this month.

Also, the 9% decrease influenced a further 7% off in Bitcoin (BTC) price. Aside from BTC, Ethereum also dipped overwhelmingly to 13% off. Presently, Ethereum price is $1,919.38 with a market cap of $240,103,455,898.

Furthermore, Binance Coin (BNB) also decreased sharply to about 18% with a price of $257.

At press time, BNB ranks as the sixth-largest crypto in terms of market cap.

Interestingly, Cardano (ADA) and Dogecoin (DOGE) eventually dethroned BNB but could not stand. Both dropped drastically by 14% and 9% respectively.

Consequently, the ongoing market correction in crypto prices eventually started momentarily when Elon disclosed that Tesla will no longer accept Bitcoin payment.

According to CoinGecko, Bitcoin price is $33,967.48 with a market capitalization of $659,042,450,121 at the time of writing. 

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Source: https://coinquora.com/entire-crypto-market-cap-drops-below-1-5t-btc-and-eth-dips/