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The total market value of the cryptocurrency market has evaporated by nearly $500 billion in less than a week

Feb 04, 2026 15:10:51

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According to Bloomberg data, the total market value of the cryptocurrency market has evaporated by nearly $500 billion in less than a week.

Since the peak in October, the market has accumulated losses of $1.7 trillion, accelerated by a sell-off trend led by BTC.

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