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Cryptocurrency Sell Off Today, According to data from coingecko, the total market cap of the cryptocurrency industry fell 11% to $1.9 trillion as of friday afternoon during u.s. The market correction led to nearly $300 billion getting whipped off the crypto market as its valuation fell from $3 trillion to $2.65 trillion at the time of writing. Bitcoin became the latest to fall victim to intense bout of selling pressure as the cryptocurrency fell by as much as $10,000 in an hour to close $42,000 earlier on saturday.

Is The Bitcoin SellOff Not Over? Traders Looking for
Is The Bitcoin SellOff Not Over? Traders Looking for from bitcoinexchangeguide.com

Facebook twitter reddit pinterest email. Without realizing it, it's easy for an investor to under. Bitcoin and cryptocurrency prices have fallen sharply over the last month, with the combined cryptocurrency market losing around $1 trillion in value.

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Today’s cryptocurrency market crash doesn’t seem to have been triggered by a specific fundamental event. The market cap of all cryptocurrencies has now shrunk to $1.5 billion. The flagship cryptocurrency is now on track to end its third consecutive month in the red, shedding 45% since the beginning of december and more than 50% from its record high of $69,000 that was set in early november. Without realizing it, it's easy for an investor to under. Achieve your desired crypto allocation.