Bitcoin, the largest digital currency, fell during these moments by more than 5% at levels near $32.6 thousand, while its market value fell near $620 billion.
Bitcoin is trading near its lowest level since the crash of July 2021, while it is declining in the range of 16% within a week, by 23% in thirty days, and by 32% since the beginning of the year
Sudden fall.. by an act
The declines affected the prices of the 200 largest digital currencies by market capitalization, with a few exceptions, as Waves, Near Protocol and Access Infinity rose by 8%, 5% and 4%, respectively.
Ethereum (ETH/USD) fell to levels near $2400, down around 5%, while BNB/USD fell by 7% and XRP fell by 6%.
While Solana Solana decreased by 8%, Cardano Cardano by 10%, Terra Luna by 5%, Doge Queen Doge and Avalanche within the range of 6%, while Polka dot Polkadot decreased by 11%.
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Digital currencies fell during trading today, Monday, to their lowest levels since June 2021, in light of the high interest rates on the dollar, which is trading near its highest levels in 20 years.
Bitcoin, the largest digital currency, fell to its lowest level since January during Monday's trading, in light of a sweeping wave of declines in digital currencies as investors abandoned high-risk investments.
Edul Patel, CEO of BTC/USD crypto investment platform
30,936.0-3612.0 (-10.46%)
21:58:51 - Current time data
30,876.0
16:00
18:00
30,000.0
31,000.0
32,000.0
33,000.0
Technical Summary
5 minutes: strong sale
Hourly: Big Sale
Daily: strong sale
Monthly: sell
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Murdex, the rise in interest is causing individual and institutional investors to stop thinking about the future vision of the cryptocurrency market.
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