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$100B Gone From Crypto Markets as BTC, ETH, XRP Nosedive: Market Watch

$100B Gone From Crypto Markets as BTC, ETH, XRP Nosedive: Market Watch


Some of the worst-hit alts today are PUMP, CC, ENA, LIT, and ZEC.

Bitcoin’s latest rejection at $84,000 resulted in another major leg down on Thursday morning, with the asset plummeting to a fresh monthly low of $80,200.

This substantial correction didn’t spare the altcoins as well, with many plummeting by over 5% from top to bottom. The total crypto market cap dumped by over $100 billion at one point.

BTC Crashed Toward $80K

It was precisely a week ago — last Thursday — when the primary cryptocurrency was sliding hard and slumped to a then-multi-week low of $80,400. The bulls finally intervened after this major $6,500 decline in just days and helped the asset…

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