The recent news surrounding Mt. Gox has intensified the negative sentiment among investors, resulting in a decline in the overall value of the cryptocurrency market. Today, the total market value of all cryptocurrencies experienced a significant decrease of $45 billion. Despite this downturn, the total market value, referred to as TOTAL, is currently hovering around the critical support level of $2.50 trillion, specifically $2.48 trillion. However, if this level fails to regain its positive momentum, it could potentially lead to a further decrease in the valuation of the crypto market. This scenario might cause TOTAL to reach the $2.40 trillion mark. Stay updated with the latest financial and business news by visiting COINTURK FINANCE.
