Bitcoin sell-off wipes out $100 billion from crypto market in just two days

The total market value

The total market value of all cryptocurrencies has lost about $100 billion over the past 48 hours, after the world’s top digital asset, bitcoin, slumped around 10 percent as crypto fever cooled off.

Bitcoin was trading at $31,375 per token at 14:40 GMT, having lost nearly 10 percent day to day, according to Coinmarketcap.com. The world’s number-one cryptocurrency has dropped almost 18 percent over the past week.

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