Crypto market reportedly loses $330B in two weeks as selloff deepens

The cryptocurrency market has reportedly shed approximately $330 billion in total market capitalization over the past two weeks, extending a broad decline across major digital assets.
The latest wave of selling pushed total crypto market value toward $2.3 trillion, with Bitcoin $BTC falling below $68,000 and Ethereum $ETH slipping toward $1,900.
The downturn has been accompanied by heavy leveraged liquidations. CoinGlass data showed approximately $1.23 billion in positions liquidated over a recent 24-hour period, with long positions accounting for more than 80% of the total.
A stronger US dollar, rising Treasury yields and expectations of tighter Federal Reserve policy have added pressure to risk assets.
Institutional demand has also weakened, with US spot Bitcoin ETFs recording substantial outflows as investors reduce their exposure to cryptocurrencies.
The decline extends beyond Bitcoin, with smaller tokens facing additional pressure as liquidity deteriorates and traders unwind leveraged positions.
The broad reduction in market value reflects falling asset prices, rather than an equivalent amount of cash being withdrawn from the crypto market.