Investors lost $748 billion as cryptos fell 33% in past week: Data

Cryptocurrency investors lost $748 billion in the last seven days, according to data from CoinGecko. The total value of 7,459 cryptos (tracked) plummeted 33% from nearly $2.25 trillion as of May 16 to $1.50 trillion on May 23, data revealed. Bitcoin's price contracted by 27% during the period from $48,696 to the week's lowest at $34,224 before increasing to $35,487.