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Cryptocurrency Market Capitalization Experiences Sharp Pullback of Nearly $100 Billion
The crypto market cap has undergone significant contraction over a compressed 19-hour window, sliding from its recent high of $3.02 trillion to $2.93 trillion, according to reports tracked by ChainCatcher and cited by Cointelegraph. This represents an approximately 3.3% decline in the overall market valuation during this brief timeframe.
The abrupt shift in the crypto market cap reflects heightened volatility across digital asset markets, with substantial capital flowing out of positions within just under a day. The magnitude of the retreat—pushing close to the $100 billion threshold—underscores the sensitivity of the broader cryptocurrency ecosystem to rapid repricing events.