Daily Crypto: This is the currency that fell today by 13%

by time news

Crypto (freepik, pngwing)

Another day in the series of bad days going on in the digital currency market: Almost all major currencies went down today, and this time the currency that jumped yesterday also “corrected” this deviation in a significant drop.

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This currency is DogeCoin, which plummeted 13.25% today after jumping more than 20% yesterday, following a tweet from billionaire Elon Musk, who wrote that Tesla will soon sell accessories and accept the cryptocurrency it promotes as a means of payment. It is now priced at 17 cents and has a market capitalization of $ 23.4 billion. In the weekly range it is still found as a percentage above that hour last Wednesday. However, this daily drop was enough to lower it from ninth place yesterday to tenth place today, below Polka-Dot whose market value is about $ 25 billion.

The only currency that has risen today is Bitcoin, the oldest and most central currency in the market, which recorded a slight positive change of 0.15%, its price rose to $ 47,597 and its market value rose to $ 906.5 billion, after falling to a market value of less than $ 900 billion in recent days For the first time in about two months.

Etherium, the second most important currency due to both its market value and the NFT market’s reliance on its blockchain, recorded a decrease of 0.37 in the last day to a rate of $ 3,810 and a market value of $ 456 billion. In the weekly range its negative change stands at more than 10%.

Binance Coin, the currency of the largest cryptocurrency trading platform, was down 1.19% a day and about 9.3% a week, to $ 518 a currency and a market value of $ 87 billion.

Cardano fell 1.35% on the day and 9.2% a week to $ 1.25 a currency and a total market capitalization of $ 41.5 billion.

While Ripple recorded a daily decline of two-thirds percent and weekly of 1.24% to a price of 79 cents per currency and $ 38 billion market capitalization.

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