Crypto Market Fall: The effect of ongoing uncertainties at the global level is also being seen in the crypto currency market. This week, there has been a huge decline in the prices of other crypto currencies including Bitcoin. The decisions and statements of US President Donald Trump have fueled these ups and downs. Recently Trump has threatened to impose 100 percent tariff on Canada.
Talking about the figures, in the last 5 days there has been a huge withdrawal of $ 1.72 billion from Bitcoin ETF and $ 611 million from Ethereum ETF. Due to which the crypto currency market is feeling constant pressure. Investors have suffered huge losses due to these falls. Let us know the condition of other crypto currencies including Bitcoin…
condition of bitcoin
According to CoinMarketCap, Bitcoin was trading at $88,774 at around 11:15 am on January 25. According to the data, a decline of 6.74 percent has been seen in the last 7 days. At the same time, in the last 24 hours it has slipped by about 1 percent.
There was a rise in the prices of Bitcoin after Trump’s leniency on the dispute arising between the US government and Greenland in Davos. However, there have been continuous withdrawals from Bitcoin ETF for the last 5 days. Due to which there is pressure in its prices.
Condition of Tether, Ethereum and BNB
Currently, the price of Tether is around $0.9985 and in the last 7 days it has registered a slight decline of about 0.11 percent. Due to which it remains almost stable. At the same time, Ethereum is currently trading at $2,939.61 and it has declined by about 11.34 percent in the last one week.
On the other hand, the price of BNB is around $879.43 and it has seen a weakness of about 7.19 percent in the last 7 days. The effect of market pressure on these three crypto coins in recent times is clearly visible.
Status of Solana and Dodgecoin
The current price of Solana is around $126.48 and there has been a decline of about 11.38 percent in the last 7 days. At the same time, DodgeCoin is currently trading at around $0.1231 and in the last one week it has seen a decline of about 10.31 percent.
Disclaimer: (The information provided here is being given for information only. It is important to mention here that investment in the market is subject to market risks. Always take expert advice before investing money as an investor. ABPLive.com never advises anyone to invest money here.)
Also read: Gold Price Today: Did the price of gold increase or decrease today? Know at what rate gold is being sold in your city on January 25

