Total Crypto Market Cap Falls by $60 Billion in One Hour
A sharp market downturn erased $60 billion from the combined value of cryptocurrencies within sixty minutes, highlighting ongoing volatility in digital assets.
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Terms & Concepts
Market Capitalization: The total value of all coins or tokens in circulation, calculated by multiplying price by circulating supply.
Volatility: A measure of how rapidly and significantly asset prices fluctuate over time, common in cryptocurrency markets.
Cryptocurrency: A digital asset using blockchain technology for secure transactions and decentralized management.