Global Crypto Market Cap Falls 7.6% to $2.98 Trillion

Nearly all major cryptocurrencies declined in the past 24 hours, with 99 of the top 100 coins posting losses amid sharp market sell-offs.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Market Capitalisation: The total value of all circulating cryptocurrency coins, calculated by multiplying each coin’s market price by its circulating supply.
  • Altcoin: Any cryptocurrency other than Bitcoin, often used to refer to the diverse range of coins in the market.
  • Trading Volume: The total value of cryptocurrency traded over a specific period, reflecting market liquidity and activity.