Crypto market loses $356bn in 24 hours -- and $1 trillion in two months | TheCable

This is coming barely two months afterof the crypto market increased to $2.94 trillion, following Bitcoin’s record high of $68,000.

Bitcoin, the world’s largest cryptocurrency by market capitalisation, plunged below $35,000 — its lowest dollar value since August 2021.The value of the cryptocurrency declined over 9 percent to $35,104 in the last 24 hours at 12.52 GMT+1 on Saturday.to $38,147 after Russia’s central bank proposed to ban all cryptocurrency operations in the country.Advertisement

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