Cryptocurrency News predictions :The global cryptocurrency market seems to be heading for a fall. The prices of several major tokens have fallen to a minimum. Top cryptos in the market have been dropping heavily in the past 48 hours.
Data on CoinMarketCap shows that Terra, which was one of the top cryptos a few days ago, has dropped to 59th. Its value has declined by 99 percent in the last 7 days. In the last 24 hours, its price has dropped below 96 percent.
Cryptocurrency News predictions
In the last 7 days, Bitcoin has fallen 28 percent of its price. The BTC price was just $ 28,542. In the meantime, TerraUSD, which is believed to be the key crypto that determines the current crypto market, has fallen 32 percent in the last seven days.
In the last 24 hours, the UST price has fallen 18 per cent to $ 0.6782. Here are some key developments from the crypto markets Read More ..
Some key developments from crypto markets
BTC has declined 9 per cent in the last 24 hours. ETH declined 15 percent. Coins such as LUNA or Luna have fallen below 90 percent. BTC has recovered slightly to $ 32,000 but fell to $ 28,511 due to market pressure.
BTC exchanges have increased slightly in the last couple of days. Darshan Bathija, CEO and Founder of Wald, said investors usually move to holding exchanges when they want to sell their holdings.
Luna is less than $ 1. But blockchain’s stablecoins have also suffered losses.Terra Algorithmic Stablecoin has fallen to about $ 0.30.
Bitcoin has reached a low of $ 28,000 in the last 24 hours, weakening by 2020, said Moodrex, CEO and co-founder of Eduel Patel. * UST also fell when the BTC fell to $ 30,000 at the beginning of the week.
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