Meteors Don’t Fall So Fast: Cryptocurrency Markets Have Their Hardest Day in Recent Times!
August 5, 2024
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Cryptocurrencies, which have been among the most controversial investment instruments in recent years, the strongest decline in recent times is hosting. There are unprecedented declines in all crypto
Cryptocurrencies, which have been among the most controversial investment instruments in recent years, the strongest decline in recent times is hosting. There are unprecedented declines in all crypto assets, especially Bitcoin (BTC). When will the market, which is making investors unhappy, recover? nobody knows.
Cryptocurrency markets have actually been on a general downward trend lately. Tensions between Iran and Israel, recession expectations and Asian markets opened with a decline, causing a very sharp decline in the cryptocurrency markets. What about the cryptocurrency markets? What is the latest situation??
BTC’s value loss is over 12 percent
Bitcoin (BTC), the largest cryptocurrency by volume, was released on August 1. more than 60 thousand dollars the price. The drop in the past few hours has caused BTC to lose more than 12 percent in value over the past 24 hours. BTC, as of the writing of this article 53 thousand 500 dollars is traded at levels.
The table above contains the latest status of the 10 crypto assets with the largest volume. In this context; Ethereum (ETH) 19 percentBinance Coin (BNB) 17 percent, Solana (SOL) 15 percent, Ripple (XRP) 14 percent, Toncoin (TON) 12 percent, Dogecoin (DOGE) 14 percentCardano (ADA) has lost more than 14 percent of its value.
This is the latest situation in the cryptocurrency markets. When will the markets start to recover? What everyone wonders about, but no one can think of an idea for a question…
Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.