Cryptocurrency markets are in the green again, pushing the total digital currency market capitalization close to $400 billion. Traders are blaming profit taking and bearish U.S. stock market trend for the latest broader market selloff. Bitcoin price (BTC) plunged below $9,000 level today after hitting one month high early in yesterday trading.
Altcoins are also in the doldrums. Ethereum (ETH) and Ripple (XRP) posted a double-digit decline in Wednesday trading. They are making small sideways moves today.
