Why Is Crypto Crashing? $560 Billion Wiped Out as Bitcoin Price Falls Below $72K

The post Why Is Crypto Crashing? $560 Billion Wiped Out as Bitcoin Price Falls Below $72K appeared first on Coinpedia Fintech News

The crypto market has lost roughly $560 billion since September 22, wiping out nearly 20% of its value. The sell-off has now spread from U.S. stocks into crypto, with the Nasdaq crash and Jensen Huang’s resignation from Nvidia triggering Nvidia shares to fall 8%. Meanwhile, Bitcoin dropped below $72,000 as crypto liquidations hit $750 million …