The total market capitalization of the cryptocurrency market has evaporated nearly $500 billion in less than a week.

BTC-1,37%

Odaily Planet Daily reports that, according to Bloomberg data, the total market capitalization of cryptocurrencies has evaporated nearly $500 billion in less than a week. Since the October peak, driven by a sell-off trend led by BTC, the market has accumulated losses of up to $1.7 trillion.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC breaks through $70,000

Jinse Finance reports that market data shows BTC has broken through $70,000, currently trading at $70,011.9, with the 24-hour decline narrowing to 1.11%. The market is experiencing considerable volatility; please exercise proper risk management.

金色财经_6m ago

BTC Rises 0.86% in 15 Minutes: Large Fund Transfers and Major Wallet Continued Accumulation Drive Resonance

2026-03-24 20:15 to 2026-03-24 20:30 (UTC), BTC recorded a +0.86% return within 15 minutes, with a price range of 69408.2 to 70282.2 USDT and volatility of 1.26%. The intensified short-term fluctuations attracted widespread market attention, with overall activity and trading volume simultaneously increasing. The primary driver of this price movement was a large transfer of 1,352.4158784 BTC that occurred 1 minute before the window, which, although not directly flowing into exchanges, significantly tightened the short-term market liquidity.

GateNews37m ago

Next Crypto to Explode in March 2026: Saylor Keeps Stacking BTC as Smart Money Waits, but DeepSnitch AI Could Be the Next Crypto to Explode With a 1000X Breakout

Michael Saylor posted his signature orange chart on X on March 22 with a four-word message: “The Orange March Continues.” It’s a signal his followers know well: Strategy has bought, or is about to buy, more Bitcoin.  This follows an already staggering month of accumulation, with the firm

CaptainAltcoin38m ago

BTC rebounds and breaks through $70,000, 24-hour decline narrows to 1.05%

Gate News, on March 24th, market data shows that BTC rebounded and broke through 70000 USDT, currently trading at 70010.2 USDT, with the 24-hour decline narrowing to 1.05%.

GateNews39m ago

BTC Breaks Through 70,000 USDT

Gate News bot message: Gate market data shows BTC has broken through 70000 USDT, current price 70002.1 USDT.

CryptoRadar44m ago
Comment
0/400
No comments