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Global Crypto Market Cap Drops More Than 4% In the Last 24 Hours

The global crypto market cap dropped 4.02% over the last 24 hours according to CoinMarketCap. As a result, the global crypto market cap stands at $1.02 trillion.

Arguably one of the biggest instigators for yesterday’s selloff is the SEC announcing that it will ban staking in the United States. Four cryptos that experienced significant losses as a result of the market-wide selloff are Dogecoin (DOGE), Mask Network (MASK), Curve DAO (CRV), and The Graph (GRT).

At press time, the price of DOGE is down 6.93%. This 24-hour drop in DOGE’s price has added to its negative weekly performance – taking the total to 10.72%. As a result, DOGE is now changing hands at $0.08196. When looking at MASK, the price dropped by more than 12% according to CoinMarketCap. At press time, the price of MASK stands at $3.49.

CRV also experienced a 6+% drop in price over the last 24 hours. Currently, CRV’s price stands at $0.99…

The post Global Crypto Market Cap Drops More Than 4% In the Last 24 Hours appeared first on Coin Edition.

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Source: Cryptocurrency - investing.com

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