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80,000 Bitcoin millionaires wiped out in the great crypto crash of 2022

Coin Telegraph LogoCoin Telegraph1 mo ago

80,000 Bitcoin millionaires wiped out in the great crypto crash of 2022

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The crypto crash has seen the number of Bitcoin millionaires decline by more than 75% since November last year.

At the time of writing, Bitcoin is changing hands for $20,005, down 1.63% in the last 24 hours and 37% over the last 30 days, with a total market capitalization of $382 billion, according to data from CoinMarketCap.

Due to the increasing uncertainty around the stability of global markets, commentators seem to agree that the price of risk assets like Bitcoin could continue to suffer over a longer time frame.


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Article Details

Author / Journalist: Cointelegraph By Tom Mitchelhill

Category: Crypto

Topics: Bitcoin Analysis Bitcoin Wallet Bitcoin Price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 08:57:42

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 407 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 22095

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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