Following the recent Mt. Gox announcement, which has had a negative impact on investor confidence, the overall cryptocurrency market experienced a significant decline today. The collective value of all cryptocurrencies decreased by a staggering $45 billion. Despite this downturn, the total market value, known as TOTAL, has managed to maintain its position around the crucial support level of $2.50 trillion, currently resting at $2.48 trillion. However, if this level fails to regain its upward momentum, it could potentially trigger a further drop in the overall valuation of the crypto market. As a result, TOTAL could potentially reach the $2.40 trillion mark. Stay up to date with the latest financial and business news by visiting COINTURK FINANCE.
