Crypto Market Cap Slips as Fear Sentiment Deepens
By Michael B
The total crypto market cap declined between 1.6% and 2.3% over the past 24 hours, settling in a range of approximately $2.47 trillion to $2.57 trillion depending on the data source and timestamp. The drop reflects a broad risk-off mood that has weighed on both major cryptocurrencies and altcoins. Bitcoin, which…
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Explained in this story
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMarket capitalisation
The total value of a listed company, calculated as its share price multiplied by the number of shares.
It is the usual way to compare the size of public companies.
More about Market capitalisationBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinMore in Crypto
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