Bitcoin and Other Cryptocurrencies Are Showing a Drastic Rate Drop

According to the trade portal Coinmarketcap.com, Bitcoin (BTC) lost 5.79% of its value in the last 24 hours,being at a price of about $7970.

Cryptocurrencies in the rating demonstrate a significant price decrease. Litecoin, for example, lost 11.3% in one day. Dash decreased by 9,98%.

Ethereum continues to lose ground – it lost 10.2%. Its value at the moment is $466 per coin.

The total market capitalization is $301 billion. Bitcoin accounts for 44.8% of the total amount. It is $135 billion in monetary terms.

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