In total a third of the cryptocurrency market has been wiped out in less than seven days which equates to a staggering $70 billion dollars. It is the largest single fall in the shortest period of time we have seen in well over a year. This could be the final purge before a bottom can be found, however since markets are still falling as this is being written, last check they were at $141 billion, there is likely to be more despair ahead in cryptoland.