On June 15, the cryptocurrency market experienced a major market correction as the value of leading cryptocurrencies including Bitcoin, Ethereum, Ripple, Ethereum Classic and NEM sharply fell.
In total, the cryptocurrency market lost around $16 bln in market cap, moving back down to $95 bln after achieving a historic milestone earlier this week by surpassing the $100 bln mark.
Read more here: https://cointelegraph.com/news/crypto-massacre-why-value-of-bitcoin-ethereum-ripple-nem-others-sharply-fell