RATE Group | Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: …
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Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: …

10 Sep Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, IOTA: …

Posted at 19:48h in Bitcoin News by

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

The market is finding it difficult to sustain the total cryptocurrency market capitalization above the $200 billion mark. The news of the U.S. Securities and Exchange Commission (SEC) suspending trading in the Bitcoin Tracker One and Ether Tracker One securities has further dampened the sentiment.

While the total market cap has declined sharply from the start of the year, it is still higher than it was a year ago. On September 10, 2017, the total market capitalization was about $140 billion. This shows that the current fall has only removed the excess froth from the system, which is bullish from a long-term perspective.

Ethereum (ETH) co-founder Vitalik Buterin believes that the space is unlikely…

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