500,000 crypto investors wrecked, Market loses billions of dollars in 1 day

  Cryptocurrency pundits say no shaking even as world’s most popular crypto rout deepened, dropping below the $50,000 level to $48,400, its lowest levels in about seven weeks. The crypto market suffered heavy losses in the early hours of Friday with many traders liquidated as the flagship crypto dipped below the $50,000 price levels. In the cryptoverse hundreds of billions of dollars were, according to a report by Lagos-based Nairametric, virtually wiped off in value as the global crypto market lost about $300 billion, trading at $1.77 trillion, a 12.29% decrease…

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