Krypto Crash reason: 116 billion dollars wiped out in 24 hours

March 28th has brought a significant blow to the cryptocurrency market, with total market capitalization falling by 4.00% and now stands at 2.72 trillion dollars. At the top of the decline is Bitcoin ($BTC), which lost 3.55% and reduced its market capitalization to 1.66 trillion dollars. Ethereum ($ETH) suffered an even stronger setback and fell by 6.40% to 226.24 billion dollars. Stablecoins showed resistance and recorded only a slight decline …