Crypto meltdown


On Thursday, over US$200bil (RM878.5bil) was erased from the cryptocurrency market within 24 hours amid a broader flight from risk assets.

THE cryptocurrency market crash has begun, with close to US$800bil (RM3.51 trillion) in market value wiped out in the last 30 days.

The total value of cryptocurrencies, at US$1.12 trillion (RM4.92 trillion), are now only a third of what they were six months ago.

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