Ethereum falls below $160 as crypto markets lose $13 billion in market cap

In the second major crypto crash in about a month, the market has turned red across the board, with Ethereumlosing roughly 7 percent of its value in the last 24 hours.

Ethereum dropped to as low as $157 per token today, a decline of about 9 percent, though it has since recovered slightly. It is currently trading at approximately $160 per token.

And it isn’t just Ethereum feeling the pain. Yesterday, the total market capitalization for the entire crypto industry stood at around $218 billion, according to data from CoinMarketCap. Today, that figure has dropped to roughly $205 billion. Read More...

#ETH #Bearish

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