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Bitcoin Market Capitalization Takes Sharp Plunge

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Bitcoin Market Capitalization Takes Sharp Plunge

Bitcoin Market Capitalization Takes Sharp Plunge

According to Business Insider, Bitcoin's market capitalization took a sharp and sudden plunge.

The cryptocurrency lost about 5-percent on the day for Jan.

10th, which dropped the price per coin by $215.

Trading at $3,800 a coin, Bitcoin's market cap fell to $66.5 billion.

Despite the big selloff, Bitcoin is still up about 3-percent on the year, but crypto markets are still in freefall.

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