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?
behind the good news there is also bad news. As you can see, our market now has a lot of altcoin that grows very well but on the other hand, there are also many altcoins that lose value from 50-70% daily. That is also why our capitalization has not increased strongly in the past.