$30B market cap eroded in crypto market and Bitcoin below $4000

in #market7 years ago

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All the major crypto currencies have fallen more than 10 % making weekly low in the market , bitcoin has fallen below $4000 mark , which was working as a support , now it seems to be broken .

There is being $30 bn market cap erosion from the high in the latest fall in the crypto market.

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The question should be why cryptocurrencies are so unstable...