Cryptocurrency in wild free fall

The cryptocurrency market is known for its ups and downs, but the plunge in its value from $2.8 trillion to $0.95 trillion in just seven months – a fall of 67 percent – is unprecedented


UPS AND DOWNS: Total cryptocurrency market cap 

2009: Bitcoin is first decentralised cryptocurrency

Jan 2, 2017: $18.38bn

Jan 7, 2018: $810.89bn

May 9, 2021: $2.46tn

Jul 20, 2021: $1.25tn

Nov 9, 2021: $2.89tn

Jun 27, 2022: $946.62bn

  
3 trillion 
2
1       
0
2017 2018 2019 2020 2021 2022

                                                                      
Sources: Bloomberg, CoinMarketCap 
Picture: Jeremy Bezanger (Unsplash) 
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