Below $ 200 billion: the crypto market is declining!

[Paha87]

Falling cryptocurrency prices have lowered the total market cap below $ 200 billion.

CoinMarketCap data shows that the total market cap fell to $ 189 billion on Tuesday, which comes after several days of a consecutive fall in the crypto market. In November 2017, the market capitalization for the first time broke the $ 200 billion mark, which was caused at that time by the listing of futures products based on bitcoin.

The leader of falling became the cryptocurrency zilliqa that in the last 24 hours lost in the cost of private tokens ZIL 35 percent.

The decline is accompanied by the continued growth of the so-called indicator of bitcoin dominance or a percentage of the total market capitalization, which is provided by the world's largest cryptocurrency.

Earlier, on August 11, the level of dominance for the first time exceeded 50 percent in 2018. At the time of this writing, the figure is close to 54 percent, the highest this year. Reference to the source of information (Russia) - https://altstake.io/news/nighe-200-milliardov-dollarov-kriptorynok-snighaetsya