During the past eight months, crypto assets have shed enormous value against fiat currencies like the U.S. dollar.
Bitcoin has shed 69% since the leading crypto asset’s all-time high on November 10, 2021, when the digital currency’s value tapped $69K per unit.
The crypto economy has seen some healing as the market capitalization of all 13,413 tokens in existence is hovering just below the $1 trillion mark.At the time of writing the entire crypto-economy is worth $983.65 billion after it lost more than $2 trillion during the past eight months. Every major crypto asset in the top ten standings has shed well over 65% or more in USD value.
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