{"id":1327,"date":"2022-09-13T07:36:52","date_gmt":"2022-09-13T07:36:52","guid":{"rendered":"https:\/\/bettingsitesreviewed.co.uk\/?p=1327"},"modified":"2022-09-13T07:36:52","modified_gmt":"2022-09-13T07:36:52","slug":"combined-market-cap-of-worlds-top-10-cryptos-slumped-by-almost-800b-yoy","status":"publish","type":"post","link":"https:\/\/bettingsitesreviewed.co.uk\/blog\/2022\/09\/13\/combined-market-cap-of-worlds-top-10-cryptos-slumped-by-almost-800b-yoy\/","title":{"rendered":"Combined Market Cap of World`s Top 10 Cryptos Slumped by Almost $800B YoY"},"content":{"rendered":"

The recent crypto crash sent crypto\u2019s total market cap plummeting to below $1trn, with all leading digital coins witnessing a double-digit price and drop.<\/p>\n

According to data presented by Fair Betting Sites<\/a>, the combined market cap of the world’s ten largest cryptocurrencies has slumped by almost $800bn year-over-year.<\/p>\n

Cardano, Solana, and Polkadot Biggest Losers Among Top Cryptos<\/strong><\/h3>\n

Top cryptocurrencies saw deep losses in 2022. According to CoinMarketCap data, Bitcoin and Ethereum, the two biggest cryptos, have lost around 50% market cap year over year. However, other digital coins witnessed an even more brutal plunge.<\/p>\n

Statistics show the combined value of all BTC coins stood at $413bn last week, 52% less than a year ago, with Bitcoin accounting for 38% of the global crypto market cap. Ethereum`s market cap plunged 46% year-over-year to $215.3bn, making around 20% of the total market.<\/p>\n

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