Cryptocurrency Total Market Cap Has Evaporated $874 Billion Since Trump Took Office

BlockBeats News, April 3rd, according to CoinGecko data, the total cryptocurrency market cap has dropped below $2.75 trillion, currently standing at $2.747 trillion, with a 24-hour decrease of 4.6%.

On the day of the official inauguration of Trump's second term (January 20), the total cryptocurrency market cap was $3.621 trillion. So far, the cryptocurrency market cap has evaporated by $874 billion.

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Cryptocurrency Total Market Cap Has Evaporated $874 Billion Since Trump Took Office

Binance SAFU wallet transferred out 7,500 BTC half an hour ago, possibly to replenish reserves for affected assets.

Galaxy Digital OTC transferred 47,000 HYPE, worth approximately $4.06 million, to OKX 4 hours ago.

An entity transferred approximately 1.223 million SOL to Coinbase Prime, valued at around $117 million.

A new address withdrew approximately $6 million worth of LIT, ENA, and ARB from OKX.