Crypto Market Loses $1 Trillion Since October 7th Amid Regulatory Fears and Sell-Offs

iconCoinomedia
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Citing Coinomedia, the global crypto market has lost over $1 trillion in value since October 7th, with Bitcoin and Ethereum among the hardest-hit assets. The crash, driven by economic uncertainty, rising interest rates, and regulatory pressures, has led to widespread sell-offs and shaken investor confidence. Exchanges report lower trading volumes as traders remain cautious, waiting for clearer market signals.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.