The total market capitalization of the cryptocurrency markets stood at USD 131.4 billion down ~USD 2 billion over the previous 24 hours according to Coinmarketcap data.
A look at the crypto market visualization by Coin360 reveals the extent of the losses. Binance Coin (BNB) which has had a remarkable rise recently – almost doubling in price in the last month- came under heavy selling pressure possibly driven by profit-taking.