[ad_1] New Delhi: Crypto tokens were able to maintain their gains on Thursday, which resulted in a strength in altcoins as well. That said, many analysts take a clear view of the current crypto climate, which is facing a double body shock of protocol failure and macroeconomic uncertainty, and they don’t see a strong recovery any time soon. Barring Tron and Yunus Sed Leo, all other crypto tokens were trading higher. Ethereum And solana Each increased by 5 percent, while BNB, Cardano, Dogecoin and Shiba Inu Each increased by more…
Tag: Ethereum
Bitcoin Crash: Bitcoin, Ethereum Crash Over 70% From Peak; Crypto Investors Lost Over $2 Trillion in 8 Months
[ad_1] New Delhi: The carnage in the crypto market has gained momentum and there is no respite in the near term. Considering the latest slide, investors have lost over $2 trillion (about Rs 15.65 lakh crore) in eight months. If we compare the notional value lost, the GDP of only eight countries exceeds the decline in the crypto market in less than three quarters. Countries like Canada and Italy have a GDP of just over $2 trillion, while Brazil’s GDP is $1.83 trillion. The total market capitalization (m-cap) of the…