The sell-off in the market seems to have finally reached a temporary low on Tuesday, with the price of a mild recovery after another day of decline in the calendar.
The market capitalization of digital currencies is slightly below $ 300 billion
Early Tuesday morning, the market value of digital currencies dropped to about $ 276 billion, its lowest level since November, a value that was surpassed by the British itself in early January. The decline is linked to an increase in regulatory pressures and hostile attitudes from credit card issuers and the $ 4 trillion liquidation of global equity markets.
However, the digital currency markets started at around 3:00 UTC and the market value exceeded its $ 300 billion threshold to reach the current value of $ 319 billion. This is still seen as a 24-hour drop of more than 11 percent, but gives a respite amidst market disruptions.
The price of the bacon is up to $ 7500
The sudden early morning gain allowed Bitcoin to return to $ 7,542, an increase of $ 1,600 from its daily low, which fell below $ 6,000 for the first time since Nov. 12. Bitcoin now has a market value of $ 116 billion, which represents a daily decline of more than 10 percent.
The price charts of the etherium are similar
Citroen prices followed their counterparts on Tuesday, falling below $ 565 before recovery to $ 688 at the moment. The market value of ethium now stands at $ 66.1 billion, making it 12 percent behind the index.
Alternative Key Currencies Index
Atheerium was not the main alternative currency, which lagged behind the index on Tuesday, as most of the currencies were able to overtake it again after the recovery of the market. While the price of the riyal rose 21 percent to $ 0.73, and Betcoin Cash by 17 percent, causing prices to rise to $ 919.
Cardano's fifth-place currency fell** 24.76**%, the best-performing of the top 10, while EOS lost 29.07%. In addition to the rise in the prices of the White Queen by 27 percent to $ 140, and the Stellar currency, which occupies the eighth place by 27 percent. The NEO and NEM are in the last rungs, with each rising 53% and 45%, respectively, rising to $ 103 and $ 0.58 respectively.