The capitalization of the cryptocurrency market has lost more than 70% over 7 months of this year

Since the beginning of the year to July, the capitalization of the cryptocurrency market has lost more than 70%, falling below $200 billion for the first time this year. On Tuesday, market capitalization shrank to the lowest level since November last year at $191 billion compared to a peak of $814 billion in January, according to data from the CoinMarketCap portal. According to CoinDesk, the bitcoin rate fell by 5%, falling for the first time since the end of June below the mark of 6 thousand dollars. In the last 24 hours, 98 of the 100 largest cryptocurrencies in terms of capitalization have fallen in price. Ethereum has fallen in price by 17% and has fallen below 300 dollars for the first time since November. The price of Bitcoin Cash decreased by 15%.

The information and recommendations contained in this analytical document are published strictly for information purposes and are not considered as an offer to buy or sell the trading tools mentioned above and are not intended to motivate to perform certain transactions
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