Crypto Market Crash: Once again a sharp decline is being seen in the cryptocurrency market. Continuous selling pressure has increased the concern of investors. For the last few days, tremendous selling has been seen in Bitcoin. This decline in the crypto market started when US President Donald Trump nominated Kevin Worsh as the next Chairman of the Federal Reserve.
After this investors started staying away from risky assets. Due to heavy pressure, the price of Bitcoin has slipped below $67,000. Whereas the crypto market cap has come down to $2.27 trillion. Let us know what is the condition of other cryptocurrencies including Bitcoin…
Strong fall in Bitcoin
According to CoinMarketCap, at around 11:45 am, Bitcoin was trading at $66,656.83. Talking about the data, there was a decline of about 5.29 percent in the last 24 hours. At the same time, Bitcoin has fallen by about 19.44 percent in the last 7 days.
It is clear from these figures that in recent times there has been pressure on the crypto market and continuous fluctuations are being seen in Bitcoin. Investors are continuously selling Bitcoin.
Current State of Ethereum
According to CoinMarketCap, the current price of Ethereum is around $1,962.48. It has registered a decline of about 5.53 percent in the last 24 hours. At the same time, Ethereum has fallen by about 28.32 percent in the last 7 days. From which it is clear that there has been a lot of pressure on Ethereum in recent times.
price of tether
The price of Tether currently remains at around $0.9988. In the last 24 hours, a slight increase of about 0.09 percent has been seen. At the same time, a slight increase of about 0.05 percent has been recorded in it in 7 days. Being a stable coin, there is not much fluctuation in Tether.
Price of BNB, Solana and DodgeCoin
The current price of BNB is around $639.84, which has registered a decline of about 7.42 percent in the last 24 hours. Whereas in the last 7 days it has weakened by about 24.38 percent. At the same time, Solana is currently trading at around $81.35 and it has seen a huge decline of about 9.99 percent in the last 24 hours.
At the same time, it has fallen by about 29.37 percent in the last 7 days. On the other hand, the current price of Dodgecoin is around $0.09320. In which there has been a decline of about 8.46 percent in the last 24 hours and it has weakened by about 18.65 percent in the last 7 days.
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.)
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