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NASDAQ 100 plunges 6%, erasing $2.3T in market value

By Estefano Gomez

The Nasdaq 100's plunge signals a broader tech market downturn, impacting cryptocurrencies and reducing confidence in Bitcoin's near-term growth. The post NASDAQ 100 plunges 6%, erasing $2.3T in market value appeared first on Crypto Briefing.

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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.

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Bitcoin

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.

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