The crypto money market has lost about $ 500 billion since January 7, when the volume of 836 billion dollars increased.
According to CoinMarketCap, on Tuesday, the value of the crypto money market is approaching $ 300 billion for the first time since November. According to market value, the top 10 crypto moneys have gone through serious declines in the last five days.
Bitcoin and other crypto currencies were destroyed by a series of compaction processes by banks and governments. Bitcoin's market value fell from $ 326 billion to $ 110-120 billion. In addition, American giants Bank of America, JPMorgan Chase and Citigroup have forbidden purchases of crypto money on credit cards.Similar news came from the British Lloyds Banking Group, which consists of Lloyds Bank, Scotland Bank, Halifax and MBNA.