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    Der Kryptomarkt bricht zusammen, da 310 Milliarden US-Dollar die Gesamtmarktkapitalisierung verlassen


    Der Kryptomarkt bricht zusammen, da 310 Milliarden US-Dollar die Gesamtmarktkapitalisierung verlassen

    https://finbold.com/crypto-market-crashes-as-310-billion-exits-total-market-cap/

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    15 Comments

    4. coinfeeds-bot on

      tldr; The cryptocurrency market experienced a significant crash, losing $310 billion in market cap within 24 hours, dropping from $3.56 trillion to $3.25 trillion, a 7.90% decrease. Bitcoin fell below $102,700, now at $94,805, a 6.83% drop, while Ethereum dropped 11.22% to $3,263. The crash affected all top 100 cryptocurrencies, with increased trading activity reaching $290.6 billion. Stablecoins saw increased volumes as traders sought refuge. The downturn raises questions about market stability amid macroeconomic and regulatory concerns.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    6. inShambles3749 on

      *significant crash*

      Lmao that’s a dip mate.

      But yeah when you only know the good old stock market and watch the s&P500 all day yeah that appears to be *significant*

    7. Aldribuds on

      Yes, the market is going down, but this article doesn’t provide any real insight on WHY. Saying that the crypto market dip is because Bitcoin is dropping doesn’t tell me anything.

      Tell me what I’m missing here. From my echo chamber I’m mostly reading about how the current crypto dip is because of the US fed rate cut forecast being changed slightly more pessimistic of the economy next year from the planned four rate cuts down to two rate cuts.

      So am I supposed to think that this overnight crypto selloff (which is mostly coming from Asia who holds the most crypto) is caused by that too?

    12. dimi727 on

      But I was not right with my post that the sentiment changed?

      That’s called a normal healthy pullback?

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