The crypto markets are seeing red in a big way Wednesday as an ongoing rout is wiping away billions of dollars in value.
The entire Crypto Market took a hit on Wednesday Morning. The vast majority of Crypto Assets hit a new low during the day.
The overall Market cap is $225 billion, representing a significant decline from $800 billion witnessed earlier this year.
Nouvive shows you these facts to illustrate that the Market is in Decline.
- Market cap decline
Figures illustrate that $51 Billion in Market cap was lost during the past seven days. CoinMarketCap figures indicate that as much as $30 billion or more in value was shed amid the day’s market action. This represents a more than 18 percent decline within that time frame.
- Top 100 Coins All Took a Hit