Cryptocurrencies wipe out a trillion dollars from their market value
The major collapse of cryptocurrencies in 2025 entered a new phase on Wednesday, as Bitcoin dropped to its lowest level in 7 months, continuing a wave of decline that exceeded a trillion dollars in the world of digital assets.
The largest cryptocurrency fell to $88,522 in New York trading, as this recent decline affected investors, both large and small, from retail buyers at falling prices to digital asset management companies that have seen their stock premiums begin to fade.
BTC
86,049.99
-0.83%
BNB
840.03
-0.76%
XRPUSDT
Perp
2.0502
+0.44%