It is estimated that that the Cryptocurrency market capitalization went down to $200 billion from $800 billion that it was as at January 2018.
I believed it was due to the bearish market .
What I do not understand is while there is continuous growth of Cryptocurrency, people are picking interest and coming into the cryptosphere and yet the market capitalization is still not moving upwards.
What could be the challenge here?
Looks there is something wrong with the numbers. In 2018, the volume of bitcoin was above 250 billions.
More and more robust steps will be taken. The developments around us, the expansion of adoption will help price to increase. Only after a little more time has passed, we will see what will happen.