Cryptocurrency prices are going down! Imagine a toy store where fewer people are buying toys. That's kind of what's happening with crypto. The amount of money people are trading is way lower than before.
- Trading of cryptocurrencies is down a lot.
- The total value of all crypto has fallen.
- Experts are unsure if prices will go up or down.
| Fact | Number |
|---|---|
| Drop in trading volume (February to March) | 63% |
| Total crypto market value loss since February | $900 billion |
| Current total crypto market value | $2.8 trillion |
| Daily trading volume peak in February | $440 billion |
| Daily trading volume on March 12th | $163 billion |
Some people think crypto prices might go up again, but others are not so sure. A lot depends on whether people start trading crypto more.
