2022’s Market Review: Crypto Economy Loses $1.4T, Top 10 Token Knockouts, Terra’s Collapse – Featured Bitcoin News

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Statistics show during the last 12 months, the crypto economy has lost roughly $1.486 trillion in value against the U.S. dollar.

has a market cap dominance of around 7.81%, while USDC’s market cap dominance is 5.24%. BUSD’s market cap dominance on Dec. 20, 2022, is 2.13% of the current $848 billion in value across the entire crypto cap.

Terra’s LUNA, which is now called luna classic , suffered the most after it was once a top ten token last year. On Dec. 20, 2021, LUNC exchanged hands for $77 per unit and today it’s worth $0.00013 per unit. Terra’s LUNC suffered after the blockchain’s algorithmic stablecoin terrausd , now called terraclassicusd , depegged from the U.S. dollar on May 9, 2022.

Last year at this time, tether had a much larger market valuation at $77.39 billion, while today it stands at $66.22 billion. USDC’s market cap has increased during the last 12 months from $42.21 billion to the Dec. 20, 2022 market valuation of $44.43 billion. Bitcoin’s dominance level remained the same during the last 12 months while ethereum’s dominance level slipped from 20.2% to 17.3% this past year. Bitcoin’s hashrate tapped an all-time high in 2022, reaching 347.16 exahash per second on Nov. 12, 2022, at block height 762,845. Bitcoin’s mining difficulty also reached an all-time high in 2022, tapping 36.95 trillion on Nov. 20, 2022.

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These are only temporary difficulties.

Alexandra5sarah I'm feeling extra festive this holiday season thanks to the extra cash I earned using this leaked technique. You're welcome in advance!

Amelia_fxt_ If you lost assets in the FTX and LUNA saga, this Uniswap strategy could be your chance to turn things around. Don't miss out, try it out now.

Ahahahaha

This is great time to accumulate BTC in my Ownr wallet

Still owns same amount

This is called virtual balance or loss!This computer data&prediction is now the latest sickness of modern society. Data from computer & highlight it without any practical/immotional touch/study.Seating in a room and becoming a master is one more dangerous of present society.

Ask yourself ...who is left to sell? Those that bought at $60k most likely sold. Those that bought at $20K before it broke 2017 ATH most likely sold at break even when $20K touched again Celcius, FTX, etc don’t have any bitcoins left to sell This is why bottom is in...

I hope crypto won't go lower cause I still keep spending USDT on it.

Criypto ekonomisi diye bir ekonomi yoktur , insanlarda bu tur algı olusturmayin bence, binance , ftx , bybit, gateo ,bitexen vs hepsi dolandirici bence. Delist olan bir coin haberi yapilir yapilmaz listenden kaldirmasi gerekirken , bu coinler aylarca listede olmasi delildir.

And people will probably lose more in 2023.

Rome was not built in a day

This is crazy. And it's only the beginning. We will go lower.

This is exactly why I only trust ChiefraFba for signals and analysis

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