EXPLAINER: Why crypto market lost $120bn in a day and $270bn in 1 week

Why crypto market lost $120bn in a day and $270bn in 1 week

EXPLAINER: Why crypto market lost $120bn in a day and $270bn in 1 week     The going is getting tougher for the crypto market, and like never before, the is losing billions of dollars at an accelerated rate. The cryptocurrency market had a fatal week as the market capitalization of the entire market shed approximately 17 per cent value over the week. his represents a $270 billion decline which put the current market capitalization at $1.36 billion from $1.63 trillion at the start of the previous week. Three main reasons…

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