Tuesday, June 6, 2023
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home Uncategorized

An Unforeseen Event Produces A “Total Collapse” Of Crypto

cryptonews100_tggfrn by cryptonews100_tggfrn
August 21, 2022
in Uncategorized
0
An Unforeseen Event Produces A “Total Collapse” Of Crypto
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


worth of important cryptoConcerned Bitcoin and ether, crashed on Friday morning, a week-long rally and pLack of tens of billions in worth in a matter of minutes. The worth of bitcoin, probably the most invaluable cryptocurrency by market cap, accounting for greater than 38% of the full market, fell to round $21,804 on Friday morning, No less than three weeks and seven% lower than the day gone by.

A important a part of the decline passed off amid sharp promoting, the explanation for which isn’t clear. etherThe second Most worthy cryptocurrency additionally fell sharply, down greater than 6% over the previous 24 hours at $1,730.

Related articles

News: blockchain MEP Eva Kaili corruption arrest, Nigerian CBDC … – David Gerard

February 28, 2023

War had no impact on Ukraine’s regulatory approach to crypto, Kyiv lawmaker says – Cointelegraph

February 28, 2023

Different main cash that noticed equally sharp declines embrace Binance’s BNB (7%), Ripple’s XRP (9%), Cardano’s Ada (13%) and Solana’s Sol (12%). Well-liked dog-inspired property, Dogecoin and Shiba Inu, are down 14% and 13%, respectively, throughout the identical interval.

Nevertheless, there was a slight enchancment in some properties. Equities have typically remained depressed across the fall after the sell-off.

see all

as

$1.09 billion. In line with CoinGecko, that’s what the cryptocurrency market is value. The market cap, which is down greater than 6% prior to now 24 hours, is a great distance from its all-time excessive of greater than $3 trillion on the finish of 2021.

spot and derivatives trading, low fees! Use VPN to Spain if in US.

Many of the main cryptocurrencies are nonetheless affected by a market-wide crash that has worn out practically $2 trillion in market worth for the reason that finish of 2021. Document inflation and fears of a recession have helped push the market down. crypto winter.

Bitcoin is down practically 70% from its all-time excessive of round $69,000 in November 2021 after Terra’s Luna, a stablecoin designed to be much less risky than different cryptocurrencies, went into freefall and crashed , main crypto lender Celsius has hundi and alliance corporations. The business has laid off 1000’s of employees.

*With data from Forbes US.





Source link

Tags: collapsecryptoeventproducesTotalUnforeseen
Share76Tweet47
kucoin-exchange

Related Posts

News: blockchain MEP Eva Kaili corruption arrest, Nigerian CBDC … – David Gerard

by cryptonews100_tggfrn
February 28, 2023
0

News: blockchain MEP Eva Kaili corruption arrest, Nigerian CBDC ...  David Gerard Source link

War had no impact on Ukraine’s regulatory approach to crypto, Kyiv lawmaker says – Cointelegraph

by cryptonews100_tggfrn
February 28, 2023
0

War had no impact on Ukraine’s regulatory approach to crypto, Kyiv lawmaker says  Cointelegraph Source link

Binance Secretly Moved $1 Bln User Assets Just Like FTX: Forbes – CoinGape

by cryptonews100_tggfrn
February 28, 2023
0

Binance Secretly Moved $1 Bln User Assets Just Like FTX: Forbes  CoinGape Source link

Terra (LUNA) Price Prediction 2025-2030: LUNA can reach $2 if… – AMBCrypto News

by cryptonews100_tggfrn
February 27, 2023
0

Terra (LUNA) Price Prediction 2025-2030: LUNA can reach $2 if…  AMBCrypto News Source link

First Mover Asia: Solana in the Green After Weekend Deep Freeze – CoinDesk

by cryptonews100_tggfrn
February 27, 2023
0

First Mover Asia: Solana in the Green After Weekend Deep Freeze  CoinDesk Source link

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

SEC Sues Binance, World’s Largest Cryptocurrency Exchange

SEC Sues Binance, World’s Largest Cryptocurrency Exchange

June 6, 2023
Unveiling the Key Factors Influencing the Adoption of Blockchain Technology for Strengthening Cybersecurity in the Contemporary Technological Landscape

Unveiling the Key Factors Influencing the Adoption of Blockchain Technology for Strengthening Cybersecurity in the Contemporary Technological Landscape

June 6, 2023
Ethereum gas fees cool down after May memecoin frenzy

Ethereum gas fees cool down after May memecoin frenzy

June 6, 2023

Categories

  • Alt Coins
  • Bitcoin
  • Blockchain
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • ICO
  • Litecoin
  • Market & Analysis
  • Pokadot
  • Polygon
  • Shiba Inu
  • Solana
  • The FED
  • Uncategorized
  • VeChain
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (36) Binance (70) Bitcoin (354) blockchain (62) BTC (76) Buy (41) Cardano (74) ChainLink (40) Classic (70) coin (53) Cointelegraph (45) crypto (451) Cryptocurrencies (39) Cryptocurrency (91) Cryptos (56) DOGE (38) Dogecoin (81) Elon (37) ETH (52) Ethereum (153) FTX (45) gains (40) Heres (41) Inu (73) investors (56) LUNA (241) LUNC (43) market (138) MATIC (37) million (37) Network (53) News (129) Polkadot (37) POLYGON (43) prediction (78) price (260) SEC (39) SHIB (42) Shiba (74) Solana (63) Terra (283) token (36) top (77) VeChain (40) XRP (56)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
    • VeChain
  • Market & Analysis
    • Blockchain
    • The FED
    • ICO
  • Profit with Crypto
    • Crypto Exchanges
    • Crypto Interest-Earning Accounts
    • Crypto Retirement Accounts

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.