Crypto market erases $100 billion in 24 hours
Though the trading days since March 11, and particularly since March 23, brought renewed hope for cryptocurrency investors with, for example, Bitcoin (BTC) rallying nearly 10% within two weeks, the 24 hours between Thursday and Friday moved the needle back into fear. The 24 hours leading up to press time on March 28 generated a 3.70% market-wide crash that ensured the total market capitalization of digital assets plummeted by just over $100 billion to $2.71 trillion. Total cryptocurrency market capitalization 24-hour chart. Source: TradingView The valuation and price drop has been accompanied by a new shift in the ‘Fear & Greed Index,’ per the data retrieved by Finbold from CoinMarketCap . Specifically, investor sentiment hit 12-month lows earlier in March, only to enter a sharp recovery in more recent sessions. Picks for you Crypt...