The crypto market value has dropped by $21 billion over the past 24 hours, as bitcoin dropped to less than $6,400.
16 hours ago from this time of writing, the crypto market recorded a fall from $274 billion to $252 billion, showing a 7 percent decline in value. The Bitcoin drop from $6,700 to $6,400 caused other Major crypto assets and tokens to decline in value as well.
Ether drops 10%
While bitcoin lost 5 percent of its value, the price of ether, the native cryptocurrency of the Ethereum blockchain protocol, dropped by more than 10 percent. Ether was valued over $480 2 days ago. Over the last 12 hours, the price of ether dropped to $430, dragging tokens and small cryptocurrencies with it.
No matter what the flow of ebbs and tides in the Crypto world may be, a rebound is something we look forward to.
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