The total crypto market capitalization reached a new all-time high of $3.73 trillion on Dec. 14, 2024, but since then, the ...

to match gold's total market capitalization of $19.9 trillion. Chen explained how Bitcoin’s role has shifted over time. Initially viewed as "digital gold," Bitcoin was considered an anti-risk asset.

According to analysts at the Kobeissi Letter, a global capital market tracking firm, within 5 hours, over $4.4 billion of market cap was erased. The analysts, in a series of posts on X, explained ...