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Daily headlines, price charts and social media today are filled with stories of the great crypto crash and how all cryptocurrencies are trading in the red. The total crypto market cap fell short of $1 trillion recently, for the first time since January 2021. Bitcoin and Ethereum slid by 60% and 25%, respectively, and are trading at an 18-month low. Several altcoins, including BNB, ADA, SOL and DOGE, are also in the bear run.
For reference, it was only in November 2021, that the crypto market touched $3 trillion, with Bitcoin at its all-time high. So, financial experts consider this one of the worst market crashes in history. The crash started with the Luna-Terra fiasco in which investors lost