Dig­i­tal cur­rency val­ues take a hit

Banking Frontiers - - Blockchain -

Dig­i­tal cur­ren­cies bit­coin and ethereum have seen slide in their val­ues. Ac­cord­ing to news re­ports bit­coin was trad­ing 20% down at $2,430, since touch­ing $3,000. On the other hand, ethereum is quoted at $267, down over 30% since the MIDJUNE record of nearly $400. The re­ports said the to­tal mar­ket cap­i­tal­iza­tion of all cryp­tocur­ren­cies fell to around $91 bil­lion, a more than a 20% de­cline from the all­time high of $117.2 bil­lion on 12 June.

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