Cryptocurrency Market Crash Latest News: A massive sell-off is pulling the crypto markets down. The global crypto market cap has crashed further to $1.04 trillion, down by over 8 percent in the last one day. At the time of writing, almost every top crypto was in the red with prices of many losing over 11 percent and touching new lows in the last 24 hours, according to CoinMarketCap data (8.09 am). (Read what happened in crypto markets on June 12 here)
Bitcoin (BTC) price has dropped by 9.14 percent in the last 24 hours to $25,638. The top crypto’s dominance has decreased by nearly 0.5 percent to 47.20 percent of the total crypto market. In the last 7 days, Bitcoin price has decreased by massive 17.02 percent.