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Unfortunately for cryptocurrency traders the crypto market has had 24 hours to forget with heavy declines being seen across the board.
This has reduced the entire value of the crypto market to US$304 billion according to Coin Market Cap, down over 8% since this time yesterday.
This biggest drag on the entire market has of course been the performance of the bitcoin (BTC) price. It is down 7.6% over the last 24 hours to US$7,986 per coin, leaving it with a market capitalisation of US$135.3 billion. This equates to approximately 44.5% of the entire market, the highest level since last year.