North America Via Bloomberg

Bitcoin-led Crypto Rout Erases Nearly Half a Trillion in Just a Week's Time

Almost half a trillion dollars has been wiped off cryptocurrencies in less than a week as a selloff led by Bitcoin accelerated, slumping the total crypto market value by $467.6 billion since Jan. 29.

Bitcoin-led Crypto Rout Erases Nearly Half a Trillion in Just a Week's Time
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A severe sell-off in cryptocurrencies, led by a decline in Bitcoin, has erased nearly half a trillion dollars in market value over less than a week. The total crypto market value has slumped by $467.6 billion since Jan. 29. The selloff accelerated the loss, with cryptocurrency investors facing significant losses in recent days.

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Original source: Bloomberg
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