The extreme volatility in the global cryptocurrency market is seemingly cooling off, with its value remaining flat over the past few days as major coins have not been showing much movement. This comes days after the cryptocurrency market took a huge plunge, with crypto coins losing as much as 30 per cent of their values in a single day. According to data, the global cryptocurrency market cap on Wednesday, May 18, was standing at $1.29 trillion, a dip of 1.44 per cent over the last day — prompted by slight downfalls in other cryptocurrencies.