{"id":29032,"date":"2022-11-24T00:49:44","date_gmt":"2022-11-24T00:49:44","guid":{"rendered":"https:\/\/www.safebettingsites.com\/?p=29032"},"modified":"2022-11-24T15:15:06","modified_gmt":"2022-11-24T15:15:06","slug":"number-of-cryptocurrencies-dropped-by-11-since-february-2022","status":"publish","type":"post","link":"https:\/\/www.safebettingsites.com\/2022\/11\/23\/number-of-cryptocurrencies-dropped-by-11-since-february-2022\/","title":{"rendered":"Number of Cryptocurrencies Dropped by 11% Since February 2022"},"content":{"rendered":"

Crypto winter has hit enthusiasts hard in 2022.<\/p>\n

The falling price of cryptocurrencies along with the recent FTX collapse has shaken consumer confidence in digital assets<\/p>\n

Since the creation of Bitcoin in 2009, the crypto market has evolved from just a handful of digital coins to over 10,000 coins. The number of cryptocurrencies peaked at 10,397 in February 2022. At the time, the price of Bitcoin was around $43,193.23 USD on Feb. 28, 2022.<\/p>\n

However, since then, the price of Bitcoin has plummeted 63.5% and the outlook for the future suddenly looks bleaker than ever.<\/p>\n

Sourcing data from Statista, Safe Betting Sites<\/a> examine the number of cryptocurrencies to see if consumer confidence is waning in the crypto market.<\/p>\n

If you would like to use the data in this article, you must credit & link back to https:\/\/www.safebettingsites.com<\/a>.<\/p>\n