The total market value of cryptocurrencies has evaporated by more than $1 trillion in three months

On January 24, according to the latest data, the total market value of cryptocurrencies has fallen to US$1.71 trillion, a 24-hour decline of 0.4%, which means that the market has evaporated more than US$1 trillion in less than three months. Previously, the total cryptocurrency market capitalization reached $3 trillion for the first time on November 8, 2021.