The global crypto market cap is $1.41 trillion, an 8.23% decrease over the last day.
The Crypto market had suddenly become overheated and record sell-offs began leading traders to lose about $2 billion.
The mass liquidation of such crypto holdings occurred after the flagship crypto dipped from $38,300 to around $33,881 at press time.
The prevailing market condition at the crypto market led to heavy losses of global investors’ funds, when roughly $1.6 billion worth of crypto positions evaporated into...
Crypto traders have been experiencing high price swings since the U.S Treasury Secretary referred to crypto as of “particular concern.
Bitcoin traded at $33,832.77 with a daily trading volume of $100.2 billion and is down 16.08% for the day.