I'm not exactly sure what you are arguing but the value of these coins were trading about 30% lower, so using your definition above, the market value was clearl

I'm not exactly sure what you are arguing but the value of these coins were trading about 30% lower, so using your definition above, the market value was clearly lower as can be seen by actual market activity. The price has since recovered. I don't think anybody is claiming the number on Coin Market Cap is the actual market value because it is simply a metric derived from aggregating across multiple, very volatile exchanges. EDIT: ok i saw your comment below, and it seems you are arguing, albeit very aggressively, that daily market fluctuations are random and cannot be attributed to an actual event, such as this one?