Bitcoin market cap falls below $100 billion for first time since 2017



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As of 10:12 a.m. HK/SIN (9:12 p.m. ET Wednesday), Ether had a higher market cap of $18,646,767,074, compared with XRP’s $18,590,683,419, according to data from Coinmarketcap.com.

This was corroborated by data from Coindesk as of 10:14 a.m. HK/SIN (9:14 p.m. ET Wednesday), which showed XRP having a higher market cap of $18.15 billion, versus Ether’s $18.14 billion.

The aggregate cryptocurrency market capitalization dropped by $15 billion over 24 hours Wednesday, according to CoinMarketCap.com.

As of 10:14 a.m. HK/SIN (9:14 p.m. ET Wednesday), the total cryptocurrency market capitalization was at $186,657,686,403, down more than 76 percent from its highs earlier in 2018.

— CNBC’s Arjun Kharpal and Kate Rooney contributed to this report.

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