Cryptos are in pain today; Stellar, Cardano, VeChain, and Tezos in a world of hurt.
The bears have a stranglehold on markets once again and they have plummeted overnight. Total market capitalization has dropped closer to $260 billion as another $14 billion got wiped out of crypto in just 18 hours.
Bitcoin could not hold support and has dropped 3.5% on the day to $7,380. Its market dominance remains at the same level of 48.5% which means all of the other cryptocurrencies are crashing even harder. Ethereum has fallen back to November 2017 levels of just over $400, a 2.4% decline on the day.