Crypto Markets Continue Experiencing Slump, BTC Dips Below $10,000

Crypto markets have continued their slump, with Bitcoin (BTC) briefly dipping below $10,000 today, Feb. 22, and altcoin Ethereum (ETH) edging closer to $800, according to data from CoinMarketCap.

Total market cap is down as well, around $430 bln by press time, down from last week when it broke $500 bln.

Bitcoin is currently trading a little over $10,000, down almost 7 percent over a 24-hour period by press time. Cointelegraph reported Wednesday that Bitcoin’s tolerance had seen a monthly high of 34.9 percent, a high barely broken today with CoinMarketCap data showing a 39.5 percent BTC dominance.



XPD is now down by a little more than 34 percent over a 24-hour period by press time, trading for around $0.03.