The cryptocurrency market has lost over $500 billion in market capitalization in the past 10 days, marking the fifth largest sell-off in history.

The cryptocurrency market has lost more than $500 billion in market value in the past 10 days. Historically, there have only been four instances where the market capitalization shrinkage over 10 consecutive days exceeded that of this round, occurring in May 2021, October and November 2025, and February 2026.