Why The Cryptocurrency Market Is Down Almost $200 Billion And What To Expect
The entire cryptocurrency market has suffered quite a bit this week but fortunately, things seem to be leveling off.
On Monday morning at 12 AM EST, CoinMarketCap decided to take off a few major South Korean Exchanges from its global index, without notifying the public. The market, at the time, was already down-facing and the sudden “drop” caused major panic amongst investors and major sell-offs occurred causing coins to plummet even further on the index.
It wasn’t until 11 hours later that the website notified the public, via Twitter, of the business decision that …
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