The post Bitcoin and Ethereum Face Major Losses: $170 Billion Wiped Out in September Crash appeared first on Coinpedia Fintech News
September has hit the crypto world hard, with a staggering $170 billion wiped out in just one week. Bitcoin and Ethereum, the market’s giants, were the biggest losers, causing 78.82% of the losses. Bitcoin alone saw its value drop by $100 billion, while Ethereum lost $34 billion. Despite a history of strong Q4 recoveries, this rough start to the month highlights the volatility and unpredictability of the crypto market. As September continues, investors are left wondering if a Q4 rebound can offset these heavy losses.