Hello steemians, I invite you to read my post about cryptocurrencies

The bitcoin sinks to $ 8,000, and its falls and the regulatory siege activate all the alerts in the cryptocurrency market, deflated by more than 400,000 million dollars.

The current correction of bitcoin is unprecedented in recent times, neither by its magnitude nor by its duration. Those suffered during 2017 were short-lived, and did not prevent Bitcoin from closing the year with a spectacular revaluation of more than 1300%.

The balance of what goes on 2018 gives much more adverse figures. Since the beginning of the year, it has touched 40% of the fall. This percentage is close to 60% if you take as a reference the nearly $ 20,000 that reached its historical records in mid-December.

The psychological barrier of $ 10,000 has not been supported. In the previous days he returned to lower this level for the second time in two weeks. But unlike what happened in January, now investors have continued with their rout, collecting the capital gains obtained in 2017.

The result is an additional fall higher than the double digits, which moves its price of $ 10,000 and plunges its price to register minimums below even below $ 8,000 today. With this avalanche of sales, fruit of its biggest weekly decline since 2013, it returns to the levels with which it was quoted last November.

Multi-million dollar losses
In terms of capitalization, this collapse translates into a loss of more than 160,000 million dollars (some 128,000 million euros) only in the case of bitcoin.

In its historical records of last December the cryptocurrency far exceeded the threshold of 300,000 million dollars. A month and a half later, this figure is reduced to 140,000 million dollars.

The routing is generalized, and is extended to the set of cryptocurrencies. Only in today's session the falls range between 15% of bitcoin and 37% of Cardan, the most bearish of the largest digital currency.

During the last days of 2017 and the first days of 2018, the other two largest cryptocurrencies 'took advantage of' the correction suffered by bitcoin to expand its records. The ethereum reached the 134 billion dollars of capitalization on January 15, and the ripple went up on January 6 to 119,000 million dollars. Less than a month later, the ethereum has lost close to 50,000 million dollars. The setback has been much greater in the ripple, the cryptocurrency star in the change of year. Its value has sunk by 90,000 million dollars, from the 119,000 million on January 6 to the current 29,000 million. The magnitude of this collapse threatens even the permanence of the ripple on the podium of the largest cryptocurrencies, ahead of bitcoin cash. The whole market of cryptocurrencies, according to the data of coinmarketcap, has collapsed to less than half from its maximums. Before their puncture they reached over 800,000 million dollars of capitalization. In the day today, this figure is below 400,000 million.

If you liked leave your vote!!!