Crypto Market Loses Over $730 Billion in 100 Days Amid Broad Risk-Off Sentiment

Bitcoin accounts for nearly half of the decline, shedding $347.9 billion in market capitalization during a sharp short-term downturn.

BTC

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Terms & Concepts
  • Market Capitalization: The total market value of a cryptocurrency's circulating supply, calculated by multiplying its price by the number of coins in circulation.
  • Risk-Off Behavior: A market sentiment where investors reduce exposure to riskier assets, often shifting to safer investments.
  • Correction: A short-term price decline in a financial market, typically after a period of gains, often seen as a natural part of market cycles.