The crypto market has lost roughly $560 billion since September 22, wiping out nearly 20% of its value. The sell-off has now spread from U.S. stocks into crypto, with the Nasdaq crash and Jensen Huang’s resignation from Nvidia triggering Nvidia shares to fall 8%.

Meanwhile, Bitcoin dropped below $72,000 as crypto liquidations hit $750 million in 24 hours.

Why Has the Crypto Market Lost $560 Billion?

The total crypto market cap has fallen from around $3.04 trillion on September 22 to nearly $2.48 trillion as several factors have put pressure on the market.

The latest sell-off picked up on November 12 after Jensen Huang resigned as Nvidia CEO following an internal investigation into two alleged affairs. One involved an executive…