Cryptocurrency Market Corrects Lower as Bitcoin, Altcoins Slip

Cryptocurrency Market Corrects Lower as Bitcoin, Altcoins Slip

The world’s top cryptocurrencies corrected lower on Saturday, as investors scaled back their positions following a week of record-setting gains. Total Market Cap The market capitalization for all cryptocurrencies fell to $383 billion over the weekend, according to CoinMarketCap. Global cryptocurrencies were valued at $440 billion on Friday following a week of record-setting highs. Even with the latest correction, the global market has added more than $100 billion over the past seven days, largely on the back of bitcoin. The world’s no. 1 cryptocurrency briefly traded above $19,000 on Thursday as daily trade volumes approached $30 billion. // — […]