What is the Latest Situation in the Cryptocurrency Market?

The decline in the cryptocurrency market continues.
 What is the Latest Situation in the Cryptocurrency Market?
READING NOW What is the Latest Situation in the Cryptocurrency Market?

The decline in the cryptocurrency market continues. The leading cryptocurrency Bitcoin (BTC) saw below $ 21,000 overnight. Likewise, Ethereum (ETH) also fell below $1100.

At the time of writing, Bitcoin was trading at $22,600 and Ethereum at $1221 on Binance.

According to CoinGecko data, Bitcoin has lost 10% and Ethereum has lost 7.5% in the last 24 hours. Other altcoins that suffered huge losses according to the data are as follows:

  • Chain (XCN): 95%
  • Monero (XMR): 14%
  • Tron (TRX) ): 9%
  • SafeMoon (SFM): 21%

On the other hand, local tokens of exchanges are also decreasing. KuCoin (KCS) fell 11%, Hobby (HT) fell 10%.

Cryptocurrency market overall market cap is declining. The market value had dropped below 1 trillion at the time of writing: 998,164,895,015.

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