Crypto Market Cap Sees Sharp Decline, Losing Nearly $100 Billion in Under a Day

The crypto market cap experienced a significant pullback in recent hours, with the total valuation shedding approximately $100 billion within a 19-hour window. According to market tracking data, the cryptocurrency sector’s capitalization declined from a recent peak of $3.02 trillion to $2.93 trillion.

This represents a contraction of roughly 3.3% across the digital asset market. Such volatility is not uncommon in cryptocurrency markets, where rapid price adjustments can trigger widespread liquidations and portfolio rebalancing among traders and investors.

The sharp correction in crypto market cap highlights the sector’s sensitivity to macroeconomic factors and market sentiment shifts. This movement underscores the importance of risk management strategies for those holding positions in digital assets, as substantial capital flows can occur in relatively short timeframes.