Published on September 15th, 2017 | by bitcoin0
Market fluctuations push the Cryptocurrency Market cap below $100 Billion
Via CoinMarketCap The total value of all cryptocurrencies below $100 billion this morning amid new developments out of China.
That figure dropped to as low as $98.95 billion, down from $179 billion just two weeks ago – a fall of 47.7 percent, according to CoinMarketCap data.
That loss has been driven by broad declines across the top-10 cryptocurrency markets, with ethereum classic, litecoin and bitcoin cash being hardest hit among those in the top-10 list.
Since that slide below $100 billion, the market has recovered somewhat, hovering around $108.8 billion at press time.
Bitcoin’s market capitalization has also fallen as a result, now sitting at roughly $53 billion – down from $81.9 billion on September 2, according to CoinMarketCap.