Crypto market unravels amid major exchange collapse ...News

The total market value of all tokens has fallen by over 70% from a record peak set a year ago The collapse of cryptocurrency exchange FTX has sent the value of all crypto assets plummeting as investors soured on a market that once seemed extremely promising. From Friday to Sunday, total market cap of all tokens was down 3% from $856 billion to $831 billion. Since November, their value has dropped by 18% from a little over $1 trillion, according to CoinMarketCap. Meanwhile, the data tracked by website CoinGecko shows that the value of global crypto assets has fallen over 70% from a record peak of just under $3 tril

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