Cryptocurrency Market Sees Another Major Volatility: Total Market Cap Falls Below $3 Trillion, Crypto-Related Stocks Plummet, Strategy and BitMine Drop by Nearly 10%

BlockBeats News, January 30th, according to HTX market data, the overnight decline in the crypto market further expanded, with Bitcoin probing down to $83,383 and currently trading at $84,646, Ethereum dropping to $2,754 and now trading at $2,821. The total market capitalization of cryptocurrencies fell below the $3 trillion mark, with a 5.1% 24-hour loss, now standing at $2.953 trillion. Some altcoins taking the lead in the decline include:

XVS now trading at $3.39, a 25.3% 24-hour decrease;

WLD now trading at $0.48, a 25.1% 24-hour decrease;

FOGO now trading at $0.035, a 16.8% 24-hour decrease;

CHZ now trading at $0.0477, a 15.8% 24-hour decrease;

SOMI now trading at $0.2508, a 15.4% 24-hour decrease.

According to Bitget market data, after a sharp intraday decline, the three major US stock indexes closed mixed this morning, with the Dow rising by about 0.1%, the S&P 500 falling by about 0.1%, and the Nasdaq dropping by 0.7%. US stock crypto concept stocks continued to decline significantly, including:

MicroStrategy (MSTR) down 9.63%;

Coinbase (COIN) down 4.89%;

Circle (CRCL) down 7.24%;

MARA Holdings (MARA) down 4.92%;

Riot Blockchain (RIOT) down 3.3%;

Bit Mining (BMNR) down 9.91%;

SharpLink Gaming (SBET) down 6.02%.