Bitcoin, Ethereum, cardano, doge, shiba inu and Cryptocurrency breakout | Crypto market down Today
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| Crypto crash today. Whole Crypto Market facing Bearish trend. Bitcoin, Ethereum, solana, doge, shiba falls down around 7% |
1. Bitcoin pumped down more than 7% in past 24 hours.
2. About $200 billion wiped off in crypto market.
3. Major Cryptocurrencies facing Bearish trend with in last 24 hours.
Bitcoin (BTC) and Major Cryptocurrency price facing huge crash. Ethereum, Binance, solana and meme coins Doge and Shiba have dropped sharply. About $200 billion CRYPTO market wiped off in just 24 hours.
The BTC price crash over 10% in last 24 hours price drop below $40000 to around $38000. Bitcoin face huge crash which affects other Cryptocurrency and whole Crypto market is down today.
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| Bitcoin Price falls down, with 7% Current price revolves around $38000 |
China banned all the Cryptocurrency transactions and make it illegal. All the activities related to Cryptocurrency is banned in China.
Russia is set to follow China in banning Bitcoin and cryptocurrency.
The US federal Reserve also planning to raise interest rates
It acts as warning for Crypto holders that cryptoassets are threat to country's financial stability.
Important aspect is after banning investors may be selling their cryptoassets in pressure and fear that definitely affects price of cryptocurrency and it may results more dips in Crypto market.
One of the reason is country is fighting with omicron and covid-19 issues. Which is affecting global financial market.
Cryptocurrency Price:-
Bitcoin price- $38752
Ethereum price- $2851
BNB Price- $424.96
Cardano price- $1.23
Solana Price- $124.51
Doge Price- $0.15
Shiba inu Price- $0.00002551
Check Cryptocurrency price here - coinmarketcap