- Bitcoin investors had a difficult year in 2022, as their investments declined dramatically over the year
- Data shows that over 60 percent of bitcoin’s value was wiped off with $2.1 trillion of dollars lost
- It could be a tougher year for the market due to low confidence among the bitcoin community and outsiders
The bitcoin market has had a rough 2022 and the implosion of FTX, a now-bankrupt crypto trading platform did even worst to the overall crypto market.
CNBC reports that a whopping $2.1 trillion(N940.96trn) was whipped out from the entire cryptocurrency market.