The daily crypto: panic returns? This is what happened today

by time news

Crypto is on the decline (photo by shutterstock)

The digital currencies returned to an unequivocal negative trend today, with significant declines by all without exception, which lowered the total market value according to the CoinGecko website at a daily rate of 1.9% to 1.11 trillion dollars. Compared to last Thursday, this is still an increase of half a percent, but compared to the same date last year, this is a 48% decrease.

Bitcoin, the largest currency, fell by a daily rate of 1.77% and a weekly rate of almost five percent, to a price of $22,715 per coin and a market value of $436.7 billion.

Ether fell at a daily rate of two percent and a weekly rate of about 2.6%, to a price of $1,637 per coin and a market value of $199.5 billion.

Binance Coin fell by 3.2% per day and three and a quarter percent per week, to a price of $320 per coin and a market value of $50.5 billion.

More in-

Ripple lost 1.6% of its value since yesterday and 5.1% since last Thursday, to a price of 39 cents and a market value of $20 billion.

Cardano’s declines reached rates of about 3% per day and 5% per week, for a price of 38 sen and a market value of 13.3 billion dollars.

And Dogecoin was the peak of the declines, with a daily depreciation of three and three-quarters of a percent and a weekly depreciation of 6.4%, to a price of 8 cents and a market value of $11.7 billion.

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