- Crypto market is valued at $178 billion and supported by a daily trading volume of $55 billion.
- Bitcoin risks sliding below $5,200 support as Ethereum and Ripple stay above key support levels.
The market is back in the red following a week of incredible gains. Bitcoin, Ethereum and Ripple are leading from behind with declines of 1.67%, 2.43% and 2.26% in that order on Tuesday. The surging crypto prices had a ripple effect on the total market capitalization and the daily trading volume. The market cap corrected above $180 billion before settling slightly below the same level. At present, the crypto market is valued at $178 billion and supported by a daily trading volume of $55 billion.