This Week in Coins: Bitcoin and Ethereum Crash More Than 30% as Recession Fears Loom

This week’s crypto crash is an ongoing spectacle, with the total market capitalization of all blockchain assets shrinking to about $844.5 billion, a level unseen since the very start of 2021.

Bitcoin plunged well below $20,000, and as of this writing was trading at $19,095—the market leader has shed one-third of its value over the last seven days. 

Ethereum is also in the trenches, trading at time of writing for $994.68,…