n the past 24 hours, total market capitalization dropped from ~USD126.3 billionto ~USD119.2 billion earlier on in the day before swiftly recovering back to ~USD 123.1 billion for an overall ~USD3 billion loss for the day. With that, most cryptocurrencies are seeing ~1-6% losses for the day. Today, we also saw ETH dropping below $100 today to ~USD 98.3 before quickly recovering to ~USD 103 where it remains to be trading at.  

In similar fashion, BTC saw a drop earlier in the day to ~USD 3,740 before climbing back up to ~USD 3,860 for an overall ~0.4% loss for the day. Consolidation at these levels seem to be continuing, although overall downward bearish pressure still remains apparent. 😔

  • 0