Crypto market wipes $150 billion within hours

The cryptocurrency market lost $150 billion in value in a matter of hours on Friday, October 17, further escalating its continuing ￰0￱ to data Finbold retrieved from CoinMarketCap , the total market valuation plunged from $3.7 trillion at around 6 ￰1￱ to $3.55 trillion by 10 a. m. UTC, an approximately 5.8% ￰2￱ market cap.) is down 5.60% as of the time of writing, while Ethereum ( ETH ) has dropped more than 7.16%. Similarly, XRP and Solana ( SOL ) have fallen 7.69% and 8.23%, respectively, while Cardano ( ADA ) and BNB bore the brunt of the blow, the former plummeting 9.84% and the latter 11.93%.

Top 10 cryptocurrencies by market cap.