Bitcoin crash latest news: BTC back up above key milestone, but crypto market below $900B
The Independent✕ Close What are cryptocurrencies? | Decomplicated Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. However, the global crypto market value is still below the $1 tn mark at about $880 bn. Since the crypto market crash earlier this month that brought the global market cap below $1 tn, leading tokens, Bitcoin and Ethereum have continued to sink, dropping in value by over 20 per cent in the last week. Crypto exchange Coinbase also announced that it is culling over 1,000 employees after previously rescinding job offers, however Binance has announced it is hiring 2,000 more staff.