Crypto Market Wrap: $7 Billion Dumped to New 2019 Lows2.8

Crypto market movements have been few and far between in recent weeks but the bears have awoken again today and markets are dumping. Almost $7 billion has been dumped in the past few hours to send total market capitalization plunging to a new 2019 low at around $114 billion.

The pain started with Bitcoin as it has failed to make any movement above solid resistance at $3,600. This has ignited a plunge that saw BTC fall to its lowest level in over a month and a new 2019 low of $3,460. At the moment BTC is trading 3.3% down on the day.

Original source
https://www.newsbtc.com/2019/01/28/crypto-market-wrap-7-billion-dumped-to-new-2019-lows/

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