The biggest crypto wipeout was led not by bitcoin, but much smaller tokens. Here's what happened

cnbc.com/2025/10/22/the-biggest-crypto-wipeout-was-led-not-by-bitcoin-but-much-smaller-tokens-heres-what-happened.html

The crypto industry recently had one of its worst days ever. And while bitcoin and ether holders seem to have put some of the carnage behind them, traders of many lesser-known tokens are still feeling a lot of pain.
More than 1.6 million traders suffered a combined $19.37 billion erasure…

This story appeared on cnbc.com, 2025-10-22 16:40:57.
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