Crypto Market Value Drops Below $1 Trillion Again Amid SEC Regulation Fears
Siamblockchain – Crypto’s total market capitalization has returned to below $1 trillion once once more following a period of market turbulence due to numerous regulatory fears. The main digital asset, Bitcoin (BTC), has continued to decline. On Feb. 13, the global cryptocurrency market dropped below $1 trillion to $997 billion over the past 24 hours. come The market had previously traded around $1.028 million before falling, according to data from CoinMarketCap It is very interesting that in the past few months, the Crypto market has only recently exceeded $1 trillion and attracted investors back into the crypto industry. At the time, however, Bitcoin was still below $20,000, but now it seems that the recent market sentiment that pushed Bitcoin to $25,000 is completely voided. As of press time, Bitcoin is trading at $21,698 with a loss of 0.7% in the past 24 hours. Despite the losses, assets have grown more than 20% since the beginning of the year. Bitcoin’s market capitalization stands at $418 billion.
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