Market Loses $13 Billion And SBI Begins Its Trial Of Cryptocurrency For Retail Payments

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The State Of The Market: The cryptocurrency market faced deeper losses today, with the total market cap losing more than $13 Billion. More than 90% of the top 100 Cryptocurrencies are in red. The downfall was led by Ethereum and XRP, which lost 10% and 13% respectively. Bitcoin itself has gone below $6,500 and is currently at $6,437, losing 2.5%. The total market cap is currently at $207 Billion, down from today’s high of $220 Billion.