Reasons For The Current Crypto Crash

The crypto markets have been in free-fall for more than a month. The total market capitalization of all cryptocurrencies dropped from a three-month high of $ 470 billion to just under $ 270 billion.

Large cryptocurrencies such as Ethereum, Bitcoin Cash and EOS all recorded losses in the double-digit range. Ethereum fell below the supportive $ 500 mark and is currently priced at $ 472.