$100B Crypto Market Washout Was Normal Activity, Say Analysts

Crypto markets have shed around $100 billion in less than 24 hours. However, with market capitalization increasing, these flash crashes and washouts have become the norm and are even necessary, according to analysts.  Total crypto market capitalization has crashed from a 21-month high of $1.82 trillion to around $1.71 trillion. Roughly $100 billion exited the space over the past 24... source: https://beincrypto.com/100b-crypto-market-washout-normal-activity-analysts/