Crypto Bloodbath Dents CD Large-Cap and Small-Cap Indices

Crypto Bloodbath Dents CD Large-Cap and Small-Cap Indices

The CryptoDaily Large-Cap Cryptocurrency Index fell sharply to 25.94 on Tuesday from 29.12 on Monday, a 10.92% plunge. The Large-Cap Index is down 28.12% over the past 7 days and is off 22.45% over the past 30 days. ICON (ICX) shed 19.6% to a market capitalisation of US$ 131.28 million despite recent news that its MainNet now supports the Fee 2.0 system and some news regarding the release of ICONbet, the first DAO on ICON. BitTorrent (BTT) also weakened 17.0% to a market capitalisation of US$ 176.5 million as its price fell below BTC 0.00000009.  Chainlink (LINK) also slumped 16.2% to a market captitalisation of US$ 767.09 million.


The CryptoDaily Small-Cap Cryptocurrency Index weakened to 1.89 on Tuesday from 2.13 on Monday, an 11.27% weakening. The Small-Cap Index is down 31.77% over the past 7 days and is off 40.75% over the past 30 days. Metal (MTL) crashed 17.5% to a market capitalisation of US$ 14.64 million as the price fell below BTC 0.0000335.  Bancor (BNT) shed 14.7% to a market capitalisation of US$ 28.67 million while FunFair (FUN) lost 14.6% to a market capitalisation of US$ 18.38 million as its price dropped below BTC 0.00000029.

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