Home » main » Total Cryptocurrency Market Cap Continues To Shrink

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Bitcoin price shot below $9,000, total market cap falls by $15 billion and miners send a year-high record amount of bitcoins.

While BHEL is diversifying, we believe it is unlikely to fill the decline in its core thermal equipment business in the.

Back in January of 2014, bitcoin represented 96% of the total cryptocurrency market cap. Fast forward that day, and that number has shrunk to just 84%. Not a big change according to some people, yet it goes to show something is changing behind the scenes. Looking at.

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No one can deny the cryptocurrency is thriving right now. Some people want to see more money flow to bitcoin and other currencies at a quicker pace, though. One interesting trend is how bitcoin’s percentage of the total cryptocurrency market cap is going downhill. Right now, that percentage sits close to 81%, whereas it used [.

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If the cryptocurrency market cap continues to shrink at the same rate, we will go below US$60bn very soon. Right now, the total cap is just below US$64bn, which is well below the US$110bn mark we reached a few weeks ago. A correction was bound to happen sooner or later, though. We have seen a lot of money pour into cryptocurrency as of late.

Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network – which could help explain ether’s.

It is a very rough weekend for cryptocurrency holders, as is to be expected. With the value of Bitcoin going down even further, most other altcoins see similar losses. We also saw both Dash and NEM suffer from their market cap going below US$1bn. Moreover, the total cryptocurrency market cap continues to drop and is [.

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There is not a lot of support for Ethereum on the way down to $220. XRP/USD weakness continues as the digital asset crashed.