Saturday’s crypto market crash is being felt across the board as all of the top 20 cryptocurrencies by market cap are having double-digit losses.
At the time of publishing, Bitcoin (CRYPTO: BTC) has fallen 15.87 percent to $47,764.
Meme coins such as Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) dropped 15.87 percent and 11.47 percent, respectively.
DOGE was trading at $0.1745 while SHIB was trading at $0.00003754.
Dogelon Mars (CRYPTO: ELON) has fallen by 17.59 percent in the last 24 hours and was trading at $0.000001238.
Bitcoin’s prices have been down 13.64 percent in the last seven days, and the coin’s dominance in the crypto market is 40.51 percent.
Ethereum (CRYPTO: ETHER) was down 14.8 percent in the last 24 hours and was trading at $3,900.75.
According to coinmarketcap.com, global crypto market capitalization has witnessed a fall of 15.90 percent, with a total market capitalization of $2.21 trillion.
The total crypto market volume is $204.50 billion, increasing 78.54 percent.
Crypto prices plunged as the stock market declined this week. The Nasdaq ended Friday down 2% as tech stocks slipped, amid renewed economic uncertainty as the Omicron coronavirus variant continued its spread worldwide.
Related Link: El Salvador Buys The Dip As Bitcoin Drops Below 43K
This news is republished from another source. You can check the original article here
Be the first to comment