As per Coinomedia, the crypto market has shed over $900 billion in value since its October 2024 peak, with major coins like Bitcoin and Ethereum experiencing steep declines. The downturn is attributed to profit-taking, regulatory uncertainty, and global economic shifts, leading to a broader risk-off sentiment across the industry.
Crypto Market Loses $900B Since October Highs Amid Correction
CoinomediaShare
Source:Show original
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.