It’s a bloody day on the markets across the board. Cryptocurrencies experienced substantial losses, while conventional markets also opened in the red, highlighting the present correlation.
Bitcoin dipped listed below $30,000 while the whole capitalization dropped below $900 billion.
Cryptocurrency Markets Suffer
As CryptoPotato reported earlier today, Bitcoin continued its fall back today, sliding by practically 7% at one point. The cryptocurrency dipped to as low as $29,150 on Bitstamp, and although it managed to recuperate to where it’s presently trading, things are still looking indecisive.