Today in Data: ‘Crypto Winter’ Looms as Official Summer Kickoff Nears

By  |  June 15, 2022
 | 
bitcoin drop

Today in data, cryptocurrency investors want their money now before their digital currencies lose even more value. Also, Coinbase slashes its workforce with another “crypto winter” on the horizon, and layoffs grow for crypto companies that advertised in Super Bowl LVI.

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    Today in Data

    Data

    18%: Share of full-time staffers Coinbase is laying off amid concerns about dropping stock prices and cryptocurrency values

    66%: Value lost in the cryptocurrency market since it peaked in November 2021

    2/3: Amount of value bitcoin has lost since its high in November

    $1B: Amount of crypto future-based liquidations on Monday (June 13)

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    1.7M: Number of customers cryptocurrency exchange Celsius says it has on its platform


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