Crypto market loses over $100B in past 3 hours
Key Takeaways
- The crypto market has lost over $100 billion in market capitalization within just three hours.
- Bitcoin led the decline, followed by other major digital assets.
The crypto market shed over $100 billion in market capitalization today during a sharp three-hour selloff that swept across digital assets.
According to CoinGecko, the total cryptocurrency market capitalization fell from roughly $3.9 trillion to about $3.8 trillion in the past three hours.
Bitcoin, the dominant cryptocurrency often viewed as a store of value, led the decline alongside other major digital assets. The rapid drawdown follows patterns seen in previous bull market corrections, where sudden volatility triggers widespread selling pressure.
Ethereum faced amplified liquidation pressures during the market downturn. The blockchain platform for decentralized applications has experienced increased volatility amid broader market uncertainty in recent weeks.
Altcoins, digital tokens beyond Bitcoin and Ethereum, typically see amplified price swings during market-wide corrections. These alternative cryptocurrencies often experience heightened volatility during sudden market shifts, particularly when leveraged trading positions face liquidation.
The crypto market has navigated a phase of heightened volatility in recent months, with geopolitical tensions contributing to sharp price movements across digital assets. Leveraged trading risks have amplified sudden market shifts, creating cascading effects during periods of rapid price declines.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC Investigates Crypto Company Connected to Trump for Delayed Disclosures and Management Issues
- SEC investigates Alt5 Sigma over delayed CEO suspension disclosure and $1.5B token swap linked to Trump-backed World Liberty Financial. - Discrepancies in reporting a six-week delay in publicizing Peter Tessopoulos' suspension raise compliance concerns and triggered an 83% stock plunge. - Firm's ties to Eric Trump and $500M transfers to Trump-linked entities amplify scrutiny amid allegations of money laundering facilitation. - Executive dismissals without misconduct claims and governance turmoil highligh
Dogecoin News Today: Dogecoin ETFs Struggle to Boost Prices, Underscoring Difficulties in the Altcoin Market
- Dogecoin ETFs (BWOW, GDOG) failed to trigger price recovery, with GDOG's $1.4M day-one volume far below $12M forecasts. - Despite institutional interest in DOGE (7th-largest crypto at $22B), indirect exposure structures lack regulatory protections and face volatility risks. - Technical analysis shows DOGE forming bullish patterns near $0.15, but ETF-driven inflows remain insufficient to break $0.155 resistance. - Altcoin ETFs face uneven reception: Solana/XRP products outperformed DOGE, highlighting chal
Uruguay’s Energy Challenges Disrupt Tether’s $500 Million Cryptocurrency Investment
- Tether abruptly ended its $500M Uruguay Bitcoin mining project due to unsustainable energy costs and uncompetitive tariffs. - The project, initially promoted as eco-friendly, faced $4.8M in unpaid bills and regulatory challenges. - The exit highlights risks for crypto miners in regions with volatile energy markets and uncertain policies. - Tether remains interested in Latin American green energy projects despite the Uruguay setback.
Solana News Update: Solana Experiences Sharp Price Drop, Yet Institutional Investments Reflect Confidence in Its Future
- A $239M whale transfer on Solana by Forward Industries to Fireblocks Custody highlights institutional confidence amid SOL's 53% price drop since January 2025. - Upexi's $23M private placement and 40% stock decline underscore crypto exposure risks as institutional Solana ETF inflows hit $420M in November. - CME's Dec 15 SOL/XRP futures launch and Fidelity's staking ETFs signal growing institutional adoption despite Solana's $77.4B market cap decline. - Whale activity and ETF trends suggest strategic long-
Trending news
MoreCrypto prices
More
