#CryptoRegulation
Crypto Market Crash: $500 Billion Wiped Out, Should You Be Nervous?
What is happening all this? Global market cap has lost over half of a trillion dollars in a matter of the last few hours.
Big assets like Bitcoin, Ethereum, Solana and Dogecoin have plummeted, the sort of action that lopped 90 percent off of even the biggest coins during the last bear market and is causing existential questions for many investors.
Here’s a brief overview of where some of the most prominent digital coins are on Wednesday:
Bitcoin (BTC): Fell below $102,000, decreasing 1.23%
Ethereum (ETH): Fell to $2,548.30, representing a decrease of 2.08%
Solana (SOL): Dropped to $171.40, a decrease of 3.88%
Dogecoin (DOGE): Fell to $0.2267, a decrease of 3.4%