The cryptocurrency market has evaporated $1 trillion in 22 days, with capital market noise reaching a historic peak

According to data recently released by @Kobeissi Letter, since January 14, in just 22 days, the total market value of the global cryptocurrency market has evaporated by approximately $1 trillion, meaning that nearly $45 billion in market value 'disappears' on average each trading day.

The agency pointed out in the report that the current 'noise' in the capital market has reached unprecedented levels, and it reminds investors to 'eliminate noise' to view market fluctuations with a calmer perspective.

Overall, the cryptocurrency market is undergoing a deep adjustment and a loss of market value triggered by multiple factors, including a shift in macro policy expectations, institutional capital outflows, and large-scale liquidations of leverage.

The significant market correction also reflects the high volatility of the cryptocurrency market. Market participants need to remain rational, be wary of overly emotional trading, and focus on long-term trends rather than short-term fluctuations to cope with various uncertainties in the market.

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