The total cryptocurrency market value dropped from a record $4.3 trillion in October 2025 to about $2.0 trillion in June 2026, wiping out more than $2.3 trillion. Bitcoin fell about 52–54% from its record high, Ethereum declined 65–67%, while many large, mid-sized, and smaller cryptocurrencies recorded even steeper losses. The decline marks the largest eight-month drop on record. Markets will continue to track price movements and any signs of recovery in the coming months.
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