Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows
August 22 2022 - 4:35PM
Cointelegraph
![](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDgvOGM5MzE0MWYtMmJiYS00Mzg4LTkxZDAtODA1ODJkMzBlOTEyLmpwZw==.jpg)
The total crypto market capitalization dropped to the $1
trillion support, and weak stablecoin demand and a largely absent
funding rate reflect traders’ negative sentiment.
...
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Data shows Bitcoin and altcoins at risk of a 20%
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