A wave of losses hitting cryptocurrencies.. $ 30 billion evaporated from...

A wave of losses hitting cryptocurrencies.. $ 30 billion evaporated from...
A wave of losses hitting cryptocurrencies.. $ 30 billion evaporated from...

Cryptocurrencies turned into losses after a long winning streak in which the market hit historic record highs. As the trading screens turned red, “Bitcoin” recorded total losses of more than 30 billion dollars during the last 24 hours, while the combined losses of the market amounted to about 13.3 billion dollars.

In terms of trading, and according to the “CoinMarketCap” platform, the total value of the cryptocurrency market decreased by 0.5%, causing the market to lose about $13.3 billion, after it dropped from the level of $2608.3 billion in trading yesterday to about $2595 billion in today’s trading.

And “Bitcoin” recorded a decline of 3%, losing about 1977 dollars, after its price plunged from the level of 65,139 dollars in the morning of yesterday’s trading, to the level of 63,162 dollars in today’s trading. Its combined market value also decreased by 2.46%, losing about $30.1 billion, after it fell from the level of $1221.3 billion in yesterday’s trading to about $1191.2 billion in today’s trading.

Bitcoin had reached an all-time high in recent trading, after exceeding $67,000, after the first cryptocurrency futures fund began trading. But analysts have questioned the potential impact of this move on Investment flows in this currency.

The “Ethereum” currency, which ranked second among the top 10 cryptocurrencies by market value, recorded gains during the last week’s trading of 8.7%, compared to losses during the past hours of 0.9%, to settle its price in today’s trading at the level of 4,151 dollars. Its combined market value also jumped to the level of $490.1 billion.

The “Binance Coin” currency recorded gains during the last week’s trading by 3.25%, with a decline of 3.5% during the past hours, to settle its price in today’s trading at the level of $480.32. Its combined market value also stabilized at $80.19 billion.

The price of the “Tezer” currency settled at the level of $1, and its total market value was recorded at about $69.61 billion.

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