The cryptocurrency market has evaporated $1.3 trillion in market value over three months, marking the largest quarterly decline in history

ChainCatcher news, according to The Kobeissi Letter, since reaching an all-time high on December 16, 2024, the cryptocurrency market has evaporated $1.3 trillion in market value, a decline of 33%, equivalent to an average daily loss of $15.5 billion over 84 consecutive days.

The Kobeissi Letter points out that this marks the largest three-month market value correction in cryptocurrency history, with the current total value of the crypto market dropping to its lowest level since November 6, 2024.