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

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 52 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crypto Options Market Since FTX's ImplosionMarket makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. And it appears the situation could persist for some time. 'All About Bitcoin' host Christine Lee presents the Chart of the Day. paradigm cryptocom Wrong Paradigm...you are looking for tradeparadigm. paradigm cryptocom Can also learn more about it at “the big picture“ podcast from tradeparadigm
Source: CoinDesk - 🏆 291. / 63 Read more »

BNB Sees 9.8% Spike in Daily Active Addresses, Price Reacts: Crypto Market Review, Dec. 19The cryptocurrency market is in a sleepy state, while $BNB is going through a solid 9.8% recovery after Binance FUD is over
Source: Utoday_en - 🏆 295. / 63 Read more »

EU Accuses Facebook Breaches by Distorting Advertising MarketThe EU accused Facebook parent Meta of breaching the bloc’s antitrust rules by distorting competition in the online classified ads business. Meta is run by aliens. Do business with criminals and you’ll be the victim. Wait and see how many accounts where created in hours in Google and then on Twitter to vote Musk out of Twitter. This is going to be grand!!!
Source: BreitbartNews - 🏆 610. / 51 Read more »

Jacksonville’s best wine bar: Coastal Wine MarketReturning to the JaxBest list is Coastal Wine Market — your pick for Jacksonville’s best wine bar.
Source: wjxt4 - 🏆 246. / 63 Read more »