Crypto market sheds about $100 billion Jan 18–19; BTC $92,762, ETH -4.16%

Late on Sunday, January 18, the crypto market reversed sharply, erasing roughly $100 billion in about 12 hours by press time on January 19. Total capitalization fell from near $3.2 trillion to around $3.09 trillion, then partially rebounded to $3.1 trillion. Bitcoin dropped 3% to $92,762, while Ethereum fell 4.16% and XRP declined 4%.