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Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15% from its all-time high.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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