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Crypto selloff wipes out $270 billion in value as bitcoin, ether plunge

CNBC
Summary
Nutrition label

80% Informative

Bitcoin and ether each saw dramatic drops as investors sold out of risky assets.

The slide comes after the Nasdaq wrapped up its worst three-week stretch in two years .

The selloff coincided with a broader slide in equities in Asia-Pacific markets.

Japan 's Nikkei 225 dropped as much as 7% , extending losses that began last week .

VR Score

85

Informative language

85

Neutral language

70

Article tone

formal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

1

Source diversity

1

Affiliate links

no affiliate links