Hundreds of billions has been wiped from the cryptocurrency market Tuesday amid a market-wide crash that has seen the prices of major cryptocurrencies—including bitcoin, ethereum, cardano and solana—plummet and fall sharply from near record highs this week.
Of the four most valuable cryptocurrencies by market capitalization—excluding the biggest, bitcoin, and tether, a stablecoin pegged to USD—ether fell 9.6% to around $4,300, Binance’s BNB 8.9% to $590, solana 7.5% to $225 and cardano 9% to $1.90. XRP, polkadot, dogecoin and shiba inu coin—the next largest cryptocurrencies by market cap, excluding another stablecoin, USD Coin—fell 9.3%, 12.4%, 8.8% and 6%, respectively.
The losses come as part of a wider rout in the cryptocurrency market, which is now worth some $2.76 trillion, according to CoinGecko, down 8.6% from the day before.
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Cryptocurrency is a Ponzi scheme. It didn't start out that way - but it is, for the most part, used as such. Time to move on and stop frying semiconductors
Based.
Lmfaoooo
Lol, well deserved
Lol haha
Oh nooo lol
This is the risk you take when you invest in something that doesn't really exist .
Oh no. Anyway
You love to see it
Lol, nice
And nobody thought this might happen?
Outstanding news
Haha
Oo a 7% dip, whatever will I do. Oh I know, buy the dip.
lmfao
Crypto fixes this
😂😂😂😂😂😂😂😂😂
Normal.....Time to buy
No wonder why Warren Buffett never invested in crypto
It's called a dump, not a crash.
yup now what ?
And there you have it - crytpo is dangerous. I'm not saying it can't become relevant but so long as some a$$hole can scamper-off with millions of investor savings ... F that.
Buy the dip.
the biden economy is collapsing
I am a structural engineer and i have many ideas but i do not have enough money to implement them. I also have a small technology and innovation company in Iran. Does anyone want to collaborate and invest in my company and my ideas?
Buy now
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