The crypto market cap experienced a significant contraction over the last day, with the total valuation plummeting from $3.02 trillion to $2.93 trillion in just 19 hours, according to market tracking data. This represents a sharp $100 billion selloff that rippled across the entire digital asset ecosystem.
The rapid decline signals heightened volatility in the market, with investors adjusting positions across major cryptocurrencies. The substantial downward move reflects the sensitivity of the crypto market cap to both macroeconomic factors and on-chain dynamics that can trigger swift revaluations within compressed timeframes.
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Digital Asset Market Sheds $100 Billion Within 24-Hour Period
The crypto market cap experienced a significant contraction over the last day, with the total valuation plummeting from $3.02 trillion to $2.93 trillion in just 19 hours, according to market tracking data. This represents a sharp $100 billion selloff that rippled across the entire digital asset ecosystem.
The rapid decline signals heightened volatility in the market, with investors adjusting positions across major cryptocurrencies. The substantial downward move reflects the sensitivity of the crypto market cap to both macroeconomic factors and on-chain dynamics that can trigger swift revaluations within compressed timeframes.