Crypto Market Sheds $40B as Bitcoin, Ethereum Prices Sink
Bitcoin crypto Ethereum Crypto Market Sheds $40B as Bitcoin, Ethereum Prices Sink 3 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Bitcoin (BTC) fell another 4% over the day, changing hands around $21,830, according to data from CoinGecko. The drop comes just a day after the leading cryptocurrency bumaba sa $23,000 on Thursday, hitting a daily low of $21,696 in the process. The last time Bitcoin was trading at these levels was on January 20 amid the New Lunar Year bull run that eventually took the price of BTC over $24,000. Ethereum (ETH), the industrys second-largest cryptocurrency, lost 5.4% in value over the day, currently trading around $1,545, with several other popular coins suffering even bigger losses over the past 24 hours. Kabilang dito ang Kardan (ADA) at Dogecoin (DOGE), which shed 6.5% and 7% over the day, respectively. Solana (SOL) is down 7.9% over the day, followed by Pagguho ng yelo (AVAX) at Polkadot (DOT), with the latter two losing 8.4% and 8.8% in value, respectively. The combined market capitalization of all cryptocurrencies, which stood at $1.1 trillion yesterday, sank to $1.06 trillion at the time of this writing, per CoinGecko. Kraken crackdown rocks crypto The industry was rocked on Wednesday was the U.S. Securities and Exchange Commission (SEC) slapping crypto