Crypto Market Sheds $500B From May Peak as Risk-Off Deepens
Total market cap fell from a mid-May high of roughly $3.8T toward $3.3T, erasing half a trillion dollars as macro risk-off and deleveraging pulled every major token into drawdown territory.
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Total market cap fell from a mid-May high of roughly $3.8T toward $3.3T, erasing half a trillion dollars as macro risk-off and deleveraging pulled every major token into drawdown territory.
The 71st installment of the cycle model keeps the total crypto market cap tagged below the logarithmic regression trend line, framing the rest of the year as sluggish before a possible push back to…