The last 24 hours in the crypto-market have stunned many traders and left them speechless. This is due to the fact that Bitcoin (BTC) fell from levels of around $6,300 to a new low of $5,544 in a matter of hours if not minutes. The total crypto market capitalization also fell from levels of $209 Billion to $180 Billion in the same time period.
BTC is currently trading at $5,660 and down 11% in the last 24 hours. The total crypto market capitalization now stands at $186 Billion. All other cryptocurrencies are bleeding heavily also.