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$800 billion wiped off crypto market's value in a month
short by Ananya Goyal / on 10 May 2022,Tuesday
Crypto assets lost $800 billion in market value over the past month, touching a low of $1.4 trillion on Tuesday, as per data site CoinMarketCap. This comes as world's largest cryptocurrency Bitcoin briefly hit a 10-month low on Tuesday before rebounding to $31,450. Meanwhile, stablecoin TerraUSD lost a third of its value as it lost its peg to the dollar.
short by Ananya Goyal / 10:51 pm on 10 May
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