[2018-04-03] Crypto Market Sees Around 50 Percent Losses Across The Board

The first quarter of 2018 has seen the crypto markets lose a little more than 48 percent of their Jan. 1 value, with total market cap down from around $612 bln to $261 bln at the first quarter close on March 31, according to data from CoinMarketCap.

Ripple’s (XRP) price has dropped the most of the top five cryptocurrencies listed on CoinMarketCap, down almost 78 percent on March 31 when it traded at $0.51 as compared to its Jan. 1 price of around $2.30.

Second place for largest percentage value drop is Bitcoin Cash (BCH), which lost about 73 percent of its value from its Jan. 1 price of around $2,543 to its March 31 price of around $697.

Litecoin (LTC) is down around 49 percent from its Jan. 1 price of about $231, trading for around $118 on March 31.

https://cointelegraph.com/news/crypto-market-sees-around-50-percent-losses-across-the-board-at-end-of-first-quarter-2018

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