Bitcoin crashed the cryptocurrency market by $100 billion.

22.01.2021

The collapse of the most popular cryptocurrency in the world, bitcoin, led to a decrease in the capitalization of the crypto market by $100 billion. CNBC writes about it with reference to data from Coindesk.

The price of bitcoin falls for the second consecutive day and has already dropped below 33 thousand dollars per coin, having lost 10 percent in 48 hours. At the time of this writing, bitcoin cost about $32.5 thousand. The second most popular cryptocurrency on the planet, Ethereum, has also lost about 10 percent over the past two days. Its cost was about $1.3 thousand.

“The total cryptocurrency market capitalization has declined by more than $100 billion in the last 48 hours, dropping from $1.06 trillion to $949 billion,” writes CNBC. Despite the fall, the price of bitcoin is still 150 percent higher than it was three months ago.