No one had expected the ruthless drop in cryptocurrency prices one month ago when the total market capitalization was moving above $850 billion; crypto lost almost a trillion dollars since.

The cryptocurrency crash furthered since the start of this week; digital currencies plummeted at a double-digital rate in Monday trading and pessimistic market sentiments hammered cryptocurrencies in early Asian trade today.

Consequently, the volatility has wiped off more than half a trillion dollars of value from the cryptocurrency markets in the last month alone.

Bitcoin (available on Coinbase) (BTC), Ethereum (available on Coinbase) (ETH), Ripple (available on Binance) (XRP) and the majority of top ten currencies plunged close to 20% in early Asian trade today.

Bitcoin (available on Coinbase) briefly traded around $6,000 level before rising back to $7,000. The selloff has vanished 70% of Bitcoin (available on Coinbase)’s value from all-time-high of $19,000 it hit in mid-December. The crash has reduced its market capitalization to $107 from an all-time high of $333 billion. Nevertheless, Bitcoin (available on Coinbase) continues to dominate the total market capitalization with its share of 36%.

Ethereum (available on Coinbase) and Ripple (available on Binance) are both falling at a sharp pace, as regulatory actions and lower trading volume from the buy-side have dazed trader’s confidence in crypto-currencies.

At the top of a selloff on Tuesday:

        Ethereum (available on Coinbase) dipped by 21% to $612, lost half of its value from the peak of $1,255.89 it hit on 9 January.
        Ripple (available on Binance), the third largest cryptocurrency, off 80% from all-time high of $3.81
        After peaking at $4,091.70 on December 20, Bitcoin (available on Coinbase) Cash (BCH) pulled back to $766.03