As the new week dawns upon the cryptocurrency industry, it quickly becomes apparent last weekend was not positive by any means. In fact, all of the top markets have continued to bleed value left, right, and center. Even the Dogecoin price is crumbling under the pressure right now, as it has dropped below the $0.002 support line for the first time in a while.
Given all of the bearish pressure on Bitcoin and other top cryptocurrencies, it is only normal the rest of the market will follow suit fairly quickly. Bitcoin has turned incredibly bearish once again as the total crypto market cap dropped below $115bn in the early hours today. As such, all other currencies, tokens, and assets are brought down along with it. It is another big setback for a volatile industry.