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?
It was because the hype of cryptocurrency has occurred in 2017 ending, then the correction came after.
From now on, i think crypto market has reached its bottom, and still growing today.
Peoples are interested in cryptocurrency, but they maybe just watching it until the market recover.