Citing TheMarketPeriodical, the cryptocurrency market has lost over $1.1 trillion in value over the past 41 days, with Bitcoin sharply underperforming gold, which has outpaced BTC by 25 percentage points since October 10. The market has seen three $1 billion+ liquidation days in the past two weeks, and daily liquidations exceeding $500 million have become routine. Analysts note the sell-off is more mechanical than sentiment-driven, with excessive leverage amplifying the downturn. Despite a surge in U.S. equities and gold, the crypto market remains in isolation, with Bitcoin down 25% over the past month.
Crypto Market Loses $1.1 Trillion Amid Major Decoupling From Gold and US Equities
TheMarketPeriodicalShare
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