Altcoins Almost Wiped Out as Cypto Market Cap Drops $30 Billion

Altcoins

Thursday was a bad day for altcoins as almost $ 30 billion USD was knocked from the total crypto market capitalization.

Where Bitcoin Goes, Altcoins Follow

Crypto market capitalization was estimated to be around the $ 280 billion USD during midday trading yesterday; however, as Bitcoin suddenly took a near 10% hit today to drop below $ 10,000 USD share price, altcoins were largely forced to bear the brunt of the drop in confidence.

Ethereum, Ripple, and Litecoin, which make up the rest of the top five cryptocurrencies by market cap outside of Bitcoin and Bitcoin Cash, …

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