- On Saturday, August 27, 2022, the global market capitalization of all the crypto assets in existence dropped under the $1 trillion mark and the leading crypto asset bitcoin slipped below the $20K region for the first time since mid-July.
- The crypto economy is a whole lot lower in USD value than it was on August 14, when the market capitalization of all the coins in existence was $1.24 trillion.
- PSA: MtGox is *NOT* distributing any coins this week, or the next week, or the week after that.
Crypto Economy Slides Under $1 Trillion, as Bitcoin and Ethereum Dive Below Previous Support…
