No result
Show results
DigitalTrend.cz
en_US English
en_US English cs_CZ Čeština sk_SK Slovenčina de_DE Deutsch es_ES Español it_IT Italiano nl_NL Nederlands ru_RU Русский vi Tiếng Việt ko_KR 한국어 ja 日本語 zh_CN 简体中文
  • Introduction
  • Cryptocurrencies
    • Cryptocurrency prices
    • Where to buy bitcoin and cryptocurrencies
  • Internet
  • Online shopping
  • Introduction
  • Cryptocurrencies
    • Cryptocurrency prices
    • Where to buy bitcoin and cryptocurrencies
  • Internet
  • Online shopping
No result
Show results
DigitalTrend.cz
No result
Show results

The fall continues: the market capitalization of cryptocurrencies has already dropped below $ 900 billion

RB from RB
June 14, 2022
in News
Time: 3 min
AND AND
0
Register on the largest exchange Binance and get a bonus up to $600 including automatic cashback up to 40%!

Total market capitalization cryptocurrencies fell below $ 900 billion and Bitcoin fell below last year's lows.

Do not miss: ccShop review - Czech exchange office built on simplicity

The panic caused a massive decline in the market capitalization of the cryptocurrency market

The market capitalization of the entire cryptocurrency market is at a level that has not been recorded since January 2021. Compared to the absolute peak in November 2021, it is even three times less.

It is also worth noting that at the very end of January 2021, after the initial boom in the Bitcoin price, the last really big bull run began. Today, all profits made in 2021 are burned and the price of Bitcoin is also falling below last year's lows.

TradingView Chart
source: TradingView

In the first five full months of 2022, all cryptotrm yields were erased, with a few exceptions. The price of Bitcoin even returned to December 2020 levels with a market capitalization similar to that it had on December 26 of that year.

As for ETH, its price reached levels just before the start of the last big altcoin bull run.

Behind the massive sell-off is a general outflow of international investors from risky investments. Particularly risky investments are facing a renewed wave of sell-offs in response to Friday's release of May inflation in the US. Its rate, 8.6 percent, shocked markets, it's the highest inflation in 40 years.

International investors are thus getting rid of both stocks and cryptocurrencies.

If we exclude the year 2021 and, in the case of Bitcoin, also December 2020, levels similar to the current ones have never been reached before. Thus, the current collapse does not return the crypt market to the level of the previous bear market, but only erases the gains of the last bull run.

During the peak of the previous cycle, in January 2018, the maximum level of market capitalization of cryptocurrencies was around $ 850 billion. However, it is also worth noting that they currently have stablecoins capitalization more than $ 150 billion, while at the time they capitalized just over $ 2 billion.

So if we omit stablecoins from the numbers, the picture becomes gloomier.

For example, altcoins alone, excluding Bitcoin and stablecoins, now capitalize around $ 500 billion and in January 2018 exceeded $ 500 billion for a very short time. Therefore, the current total value of all cryptocurrencies except Bitcoin and stablecoins, in fact, returned close to the peak levels of the previous cycle. 

As for Bitcoin, the situation is different, because at the peak of the last cycle, in December 2017, it capitalized just over $ 300 billion, while today it is over $ 399 billion.

In short, investors are trying to regroup their portfolios so that inflation takes away as little as possible. The current rapid inflation is extremely difficult to beat, so investors are at least satisfied with minimizing losses. In such situations, they get rid of risky assets in the first place.

You might be interested in: Curve.com Review - The best way to combine your cards

Interesting events for our readers

Binance

Trade with up to 60% off fees and a $600 bonus

Open an account Review

Phemex

Free bonus up to $ 2,500 upon registration and deposit

Open an account Review

Bybit

Free bonus up to 3650 USD after registration and deposit

Open an account Review
All content in this article is for informational purposes only and does not in any way serve as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.
Tags: steep declinemarket capitalization of cryptocurrenciessale

Similarly articles

Altcoin Season Picks Up — TOKEN6900 Nears $1M Raised Among Notable New Tokens
News

Sezóna altcoinů nabírá na obrátkách — TOKEN6900 se blíží k 1 milionu dolarů vybraných mezi významnými novými tokeny

July 23, 2025
Bitcoin HYPER: An Emerging Layer-2 Presale Project in 2025 with Growth Potential
News

Bitcoin HYPER: Nově vznikající projekt presale vrstvy 2 v roce 2025 s potenciálem růstu

July 22, 2025
Fortune 500 Taps into Crypto: Coinbase CEO Teases $10T Stablecoin Revolution
News

Fortune 500 se zaměřuje na kryptoměny: generální ředitel Coinbase naznačuje revoluci stabilních mincí v hodnotě 10 bilionů dolarů

July 19, 2025
Russia’s Sberbank Eyes Major Crypto Role with Surprise Custody Move Amid Sanctions Shift
News

Ruská Sberbank se zaměřuje na významnou roli v kryptoměnách s překvapivým krokem v oblasti úschovy uprostřed změny sankcí

July 18, 2025
SPX6900 Reaches New All-Time High — TOKEN6900 Gains Interest as a Potential Crypto for 2025
News

SPX6900 dosahuje nového historického maxima — TOKEN6900 získává zájem jako potenciální kryptoměna pro rok 2025

July 21, 2025
Satoshi-Era Whale Awakens: $1B in Bitcoin Moved to Galaxy Digital After 14 Years
News

Satoshi-éra velryba se probouzí: 1 miliarda dolarů v Bitcoinech převedena na Galaxy Digital po 14 letech

July 17, 2025
Sign in and comment.
  • We recommend

    • Get 60% back and a $600 bonus through us!
    • Reliability
    • Wide selection of cryptocurrencies
    • CPC support
    Visit Review
    More info
    • Free bonus up to 3650 USD after registration and deposit
    • Reliability
    • Low fees
    Visit Review
    More info
    • Free bonus up to $ 2,500 upon registration and deposit
    • Reliability
    • Wide selection of cryptocurrencies
    Visit Review
    More info

Tags

stocks analysis bankruptcy binance bitcoin blockchain btc cryptocurrency exchange cardano coinbase cpi dogecoin to kwon do ecb elon musk eth etherium Ethereum The Merge European Union FED FTX inflation investment crypto exchange cryptocurrencies LTH bear market instructions on-chain data fees survey review recession regulation of cryptocurrencies Russia Sam Bankman-Fried Sec Solana stablecoiny Terraform Labs tether miners usa Vitalik Buterin gold

Recent Posts

  • Šéf ETF společnosti Grayscale David LaValle odejde před IPO firmy: Unchained
  • Polymarket zvažuje nativní stablecoin, aby získal výnos, když se dívá na návrat do USA
  • Sezóna altcoinů nabírá na obrátkách — TOKEN6900 se blíží k 1 milionu dolarů vybraných mezi významnými novými tokeny
  • Elon Muskova SpaceX převedla 153 milionů dolarů v Bitcoinech poprvé za 3 roky
  • Strategie odhaluje „STRC“ perpetuální preferenční akcie na posílení svého bitcoinového majetku
  • Bitcoin HYPER: Nově vznikající projekt presale vrstvy 2 v roce 2025 s potenciálem růstu
  • Veltrixa.io odhaluje finanční ekosystém poháněný umělou inteligencí

© 2022 DigitalTrend

No result
Show results
  • Introduction
  • Cryptocurrencies
    • Cryptocurrency prices
    • Where to buy bitcoin and cryptocurrencies
  • Internet
  • Online shopping

© 2022 DigitalTrend

Welcome back!

Log in to your account below

Don't have a password?

Get a password

Enter your login name or email.

Login
cs_CZ Čeština
cs_CZ Čeština
sk_SK Slovenčina
en_US English
de_DE Deutsch
es_ES Español
it_IT Italiano
nl_NL Nederlands
ru_RU Русский
vi Tiếng Việt
ko_KR 한국어
ja 日本語
zh_CN 简体中文
We use cookies to provide you with a better browsing experience, analyze web traffic, customize content, and display targeted ads. If you continue to use this website, you agree to the use of cookies by us.