Cryptocurrency market cap has been decreasing

Recent years, the application and development ofblockchain has been evoking heat discussion worldwide. Meanwhile, as the bottomtechnology of blockchain, digital currency appears gradually.



Data showed that bitcoin is the earliestdecentralized digital currency. Although numerous competitors appearedafterwards, bitcoin is still the leader in cryptocurrency industry. Currently, the most successful applicationof blockchain technology is cryptocurrencies, which expand the blockchainfurther.

 


According to citicoins.com, ETH price declined by 47.7% in the first quarter of 2018, from$755.76 to $394.65. Additionally, Rippleprice declined by 77%, from $2.30 to $0.51.


Also, the leaders of technology industry began toban the advertisement about cryptocurrency, including google, twitter andfacebook.

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