Crypto assets lose $1.7 trillion since October peak; Bitcoin sinks toward $70,000 – Firstpost
Bitcoin has declined about 20 per cent over the past week, including a sharp 7–8 per cent fall in a single session. It was trading around $70,122 on Thursday
The global cryptocurrency market has slid deeper into correction territory, wiping out nearly $500 billion in value over the past week and extending cumulative losses to roughly $1.7 trillion since the October peak.
Total market capitalisation has fallen to about $2.42 trillion, according to CoinMarketCap data, underscoring the scale of the ongoing sell-off across digital assets.
Bitcoin down 40% from record high
Bitcoin, the world’s largest cryptocurrency, has declined about 20 per cent over the past week, including a sharp 7–8 per cent fall in a single session. It was trading…
