Cryptocurrency market capitalization crashes below 2.3 trillion dollars

2026-02-28 04:09:59

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The cryptocurrency market is experiencing a significant contraction period. Current data shows a substantial decline in the global market capitalization, which has now fallen below the critical threshold of $2.3 trillion, according to reports from PANews based on data from CoinGecko.

This plunge represents a 4.7% drop in recent hours, indicating a temporary loss of market confidence. The contraction in capitalization reflects the volatile movements characteristic of the digital asset sector, where sharp fluctuations remain common.

This market collapse occurs amid a context where investors are reassessing their positions due to macroeconomic uncertainties. The decline in market capitalization highlights the sector’s sensitivity to rapid investment flow fluctuations and changing market sentiment.

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