More than $200 billion has been wiped off the value of global cryptocurrencies at the peak of the recent sell-off, which extended into Wednesday morning.
[1]Nothing has been wiped off.
Those 200 billions were never there.
The total trading volume was just 50 billions and the market cap went down 200.
This is why I've said it probably one hundred times, looking at the market cap is pointless.
And it's super annoying when so called "journalist" are doing the same.
Why? South Korea? China? Jan? something else?
Can we stop talking, at least in 2018 about China?