Terrible Tuesday: Crypto Market Losses Top $25 Billion as Bitcoin & Ethereum Bleed
The cryptocurrency markets continued their downward trend Tuesday following yesterday’s “Monday Massacre.” The total market cap of all cryptocurrencies has fallen by more than $25 billion since peaking at $117 billion in mid-June. Once again, bitcoin and ethereum are leading the retreat, and the altcoins are marching behind, lining up in formation.