Following the recent news regarding Mt. Gox, which has caused a decline in investor confidence, the overall value of the cryptocurrency market has taken a downward turn. Today, the combined value of all cryptocurrencies has dropped by $45 billion. Nevertheless, the total market value, known as TOTAL, still hovers around the crucial support level of $2.50 trillion, currently standing at $2.48 trillion. If this level fails to regain its positive momentum, it may lead to a further decrease in the overall valuation of the crypto market. In such a scenario, TOTAL could potentially reach the $2.40 trillion mark. Stay up to date with the latest financial and business news by visiting COINTURK FINANCE.
