Since the middle of the last week, the digital asset market has been in the red, marking a 12-month low.

Since the middle of the last week, the digital asset market has been in the red, marking a 12-month low. From Wednesday to Thursday, the total capitalization of the cryptocurrency market declined by almost 14%, falling from $210 to $180 billion. According to Coinmarketcap, today the total capitalization of cryptocurrency is slightly higher than $160 billion. Nevertheless, this is the lowest figure since the beginning of the year, during which the market has never dropped below $200 billion. DeCenter figured out the possible causes of such a sharp collapse.

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