Majority of top 100 cryptocurrencies dropped due to coronavirus & crisis

Coronavirus crisis has a destructive impact on the global economy, including crypto

coronavirus & crisis

Majority of top 100 cryptocurrencies dropped due to coronavirus & crisis. Source: shutterstock.com

According to CoinMarketCap, almost all of the 100 leading cryptocurrencies faced a downfall because of coronavirus and the overall worldwide economic crisis.

For instance, at the time of writing, Bitcoin had dropped by 24.25%, meaning it is worth now approximately $5,954.

In addition to that, Ethereum and Ripple’s XRP token have dropped by nearly 33% and 24%, respectively.

However, among those 100 cryptocurrencies, only 6 have managed to face a slight increase, including Tether with 0,02% and USD Coin having a 0,31% rise.

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