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 on the decline. The market value had dropped below 1 trillion at the time of writing: 998,164,895,015.
