Why is the cryptocurrency market slumping? | Counting the Cost | TheBriefWire
Why is the cryptocurrency market slumping? | Counting the Cost
Published 10 July 2026 · finance
The cryptocurrency market is now worth more than $2.23 trillion. Yet, Bitcoin has lost more than half its value since prices hit their peak in
The cryptocurrency market is now worth more than $2.23 trillion. Yet, Bitcoin has lost more than half its value since prices hit their peak in October 2025.
Despite repeated boom and bust cycles, institutional investors are pouring billions into the digital assets. Traditional banks are embracing them. Politicians are becoming some of their biggest champions and beneficiaries, and governments are racing to write the rules.
But cryptocurrency is also becoming a tool for political interference and for sanctioned states seeking to move money beyond the traditional financial system. As the
tokens move further into the mainstream, is regulation keeping pace?
Published: July 11, 2026 • 1:00 AM IST · Updated: July 11, 2026 • 1:39 AM ISTBy TheBriefWire Editorial Team
Key points· Video
The cryptocurrency market is now worth more than $2.23 trillion.
Yet, Bitcoin has lost more than half its value since prices hit their peak in October 2025. Despite repeated boom and bust cycles, institutional investors are pouring billions into the digital assets.
Traditional banks are embracing them.
Politicians are becoming some of their biggest champions and beneficiaries, and governments are racing to write the rules.
But cryptocurrency is also becoming a tool for political interference and for sanctioned states seeking to move money beyond the traditional financial system.
The BriefWire