Crypto market wipes out $100 billion over the weekend
After hitting its monthly lows on March 11, the cryptocurrency market entered an accelerating uptrend, which, within approximately two weeks, ensured its market capitalization grew more than $350 billion from about $2.48 trillion to roughly $2.85 trillion. On Wednesday, March 26, the upswing abruptly ended, and trading between Thursday and Friday proved particularly damaging. Digital assets erased more than $100 billion within a single day. Furthermore, weekend movements quashed any hopes of a swift positive correction. Indeed, between Friday and Monday, the total cryptocurrency market capitalization plunged another $110 billion, with the 24 hours leading to the morning of March 31 alone erasing nearly $38 billion. Picks for you Whales dump over 1 billion XRP ahead of Ripple unlock 2 hours ago ...