Crypto Market Lost $1 Trillion in 72 Days – And It Might Not Be Over Yet.

By Cory Maki Cory Maki has been verified by Muck Rack's editorial team
Updated on January 31, 2023
Published by
The Street

By Luc Olinga The ongoing crash in the crypto market has shed roughly $1 trillion in value since November 8, and could decline further as “crypto winter” takes hold. Crash, rout, collapse: there are not enough words to describe the state of the crypto market since the beginning of the year. Most cryptocurrencies have gone into free-fall following all-time highs reached in early November. Market value has shrunk by about $1 trillion compared to Nov. 8. The world cryptocurrency market was worth more than $3 trillion for the first time, according to CoinGecko, which tracks prices of thousands of …

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By Cory Maki Cory Maki has been verified by Muck Rack's editorial team

Cory Maki is a former Staff Editor and the Business Development Manager at Grit Daily.

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