Crypto market drops under $2 trillion as BTC fails to sustain support above $42,000
After reclaiming the $2 trillion level in late March, the cryptocurrency market capitalization is back below this threshold, influenced by the bearish streak of almost all of its major assets, particularly Bitcoin (BTC).
Specifically, the flagship digital asset which often leads the market has been trading in the red for most of the previous seven days, dropping its price from $45,860 to $41,538, a reduction of 9.42% over the week.