$400 Billion Wiped Off The Global Market Cap As Bitcoin Crashes Below $10,000

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The global market cap of all digital currencies and tokens has almost halved from its all time high of $813 billion to now stand at around $420 billion.

While volumes are at a fairly high level of $45 billion during the past 24 hours, with Upbit, a new South Korean exchange affiliated with the country’s biggest internet provide, handling most of the volume at around $5 billion during the past 24 hours, followed by Bithumb.


Virtually all digital currencies and tokens are down today, with most of them down 20%-30%, including the top cryptos.

While some are down a lot more. The alleged literal Ponzi scheme BitConnect is down an incredible 97%, from a price of more than $400 to $5.

There are suggestions Trevon James, Craig Grant and other connected to Bitconnect are deleting videos and much to do with it, while its subreddit has been turned private.