EPISODE · May 5, 2026 · 1 MIN
Crypto Market Plummets, Investors Question Future
from The Daily News Now! Business
Crypto Market Plummets: Bitcoin Down 36%, Altcoins in Freefall The crypto market has experienced a significant downturn, with the total market cap dropping from a peak of $4.4 trillion in late 2025 to around $2.7 trillion now. Bitcoin, the largest cryptocurrency, has lost 36% of its value from its all-time high. The anticipated shift of money into smaller altcoins, a common trend in past cycles, has not materialized. Meme coins, a popular segment of the crypto market, have seen a dramatic rise and fall. They peaked at nearly $150 billion before plummeting to under $42 billion, with 90% of top meme coins losing between 30% and 70% of their value. Dogecoin, for instance, is currently 85% off its 2021 peak. Investors are questioning the potential of crypto as a profitable investment, particularly since promising narratives like decentralized finance, decentralized physical infrastructure, and real-world asset tokenization have not translated into significant gains for everyday holders. The structural issue lies in the fact that increased blockchain activity does not always correlate with higher coin prices. Solana, for example, has seen a significant increase in on-chain activity but has still lost more than 70% of its value from its highs. Ethereum, despite having over $16 billion in tokenized real-world assets and over half of all DeFi value, has lost more than 50% of its peak value. Tokenization, however, has shown promise, with the value increasing from $5.4 billion at the start of 2025 to over $30 billion by May 2026, driven by institutional investors seeking efficiency. However, it remains uncertain whether this trend will lift exchange-traded coins like Ethereum or XRP, both of which have recently declined in value. In conclusion, if youre invested in crypto, its recommended to hold for the long term, keep non-Bitcoin bets small, and be prepared for the possibility that the sector-wide booms of the past may not repeat. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/1e90d9a7f9088e77
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Crypto Market Plummets, Investors Question Future
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