This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
This is absolutely insane:
On October 6th, crypto markets hit a record high market cap of $4.3 trillion.
Today, the crypto market is worth just $2.3 trillion, losing -$2 TRILLION worth of market cap in 4 months.
In other words, ~46% of crypto's entire value has been wiped out since October 6th.
Bear markets arrive when markets least expect it. $MUBARAK