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?
Many challenge in cryptomarket. Beside regulation on market, there is many scam ICOs. Market capitalization will recover again but i think its depend on crypto community, if the challenge solved, i am believe market confident and the price will recover to peak again