Cryptocurrency Market Drops $9 Billion, Bitcoin and Major Currencies Remain Volatile.
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The cryptocurrency market has dropped $9 billion over the past 24 hours after demonstrating a $30 billion increase in valuation from $370 to $400 billion.
Bitcoin Struggle at $8,500
The bitcoin price has struggled to surpass the $8,500 mark on throughout May 14, even after surpassing $8,700 on May 13. The market started to recover as the bitcoin price rebounded to the $8,500 and tokens like Ontology (ONT) recorded gains in the 20 to 30 percent region, but the market failed to sustain momentum at the $400 billion mark.
