In 2010, Laszlo Hanyecz craved pizza. Not fame, not fortune—just two large pies. He posted an offer online: 10,000 Bitcoin for delivery. A fellow enthusiast accepted. Laszlo ate his pizza, satisfied. At the time, Bitcoin was a novelty, worth pennies. No one foresaw the future. As years passed, the story became legend. Those 10,000 BTC—once a meal—would be worth millions. People called it a mistake. Laszlo called it history. He’d proven Bitcoin had real-world value. The first transaction, sealed with cheese and crust, marked the birth of a financial revolution. And Laszlo? He still doesn’t regret that slice of destiny.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: