More than $140 billion has exited Bitcoin markets over the past seven days.
As Bitcoin markets begin to form another daily red candle, its market capitalization has dropped back below $1 trillion once again.The third major correction in the current bull market is deepening and prices are already down 12.5% from their all-time high of $60,100 on March 13.According to CoinGecko, the BTC market capitalization is currently $980 billion, having dropped $140 billion over the past seven days since last Thursday, March 18.The move comes just a few days after analyst Willy Woo predicted that its total capitalization would not fall back below these levels again.“$1T is already strongly supported by investors. I’d say there’s a fair chance we’ll never see Bitcoin below $1T again.”The BTC market cap first surpassed a trillion dollars on Feb. 19 but did not remain there long, falling back below it after just four days. The second t
Źródło: https://cointelegraph.com/news/bitcoin-market-cap-back-below-1-trillion-as-correction-deepens
