Multiple Top-100 Cryptocurrencies Drop Over 40% in One Hour
Several major digital assets experienced sharp declines, with top-100 market cap tokens losing more than 40% within an hour.
Summary
No Summary provided as the original text is short
Terms & Concepts
- Market Capitalization: The total value of a cryptocurrency, calculated by multiplying its current price by its circulating supply.
- Token: A type of cryptocurrency that represents an asset or utility, typically operating on an existing blockchain.
- Price Volatility: The degree of variation in a cryptocurrency's trading price over a specific period, often used as a measure of market risk.