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Crypto market loses $130 billion in one day amid Ukraine tensions

Anonymous01/24/22 (Mon) 17:57:518ce9b0 (24)No.15452233

Crypto market loses $130 billion in one day amid Ukraine tensions


The world’s number one cryptocurrency, Bitcoin, has declined to nearly $33,000 on Monday, marking a daily drop of nearly 5%, according to data tracked by CoinDesk. The second most popular crypto, Ethereum, plunged 9.3% to $2,209 in a 24-hour span.


Earlier in the day, both tokens fell to their lowest since July, each dropping more than 50% from their all-time highs.


The major sell-off wiped nearly $130 billion off the value of the entire cryptocurrency market, and spread across the stocks, which extended losses recorded earlier this year, posting the worst week since March 2020.

https://www.rt.com/business/547193-cryptocurrency-multi-billion-market-value


 

Aug 31st 2021

Trump: Crypto a disaster waiting to happen



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