The cryptocurrency market has halved in less than a month

Every product here is independently selected by Mashable journalists. If you buy something featured, we may earn an affiliate commission which helps support our work.

Bitcoin, Ethereum, and all other major cryptocurrencies are taking a pummeling today. BTC is at $8,234, down 16.3 percent in the last 24 hours, and Ethereum is at $858, down a whopping 23 percent in the same time period, according to CoinMarketCap.

Overall, the total market cap of all cryptocurrencies combined is currently $389 billion, roughly 53 percent down from its Jan. 7 high of $835 billion.

More about Bitcoin, Ethereum, Cryptocurrency, Correction, and Tech

Post Views: 228