bitconnect token loses 90%

bitconnect a once-promising crypto entity has lost nearly 90 of its value as its price has fallen to $26.00 in the wake of announcing the closure of its exchange and lending operation amidst legal problems with us U.S regulators the currency's market capitalization has fallen to $175,637 according to coinmarket cap a total of $17.517 million worth of the currency has traded in the last 24 hour