The Spent Output Profit Ratio Despite the recent price turmoil, legacy investor Stan DruckenmillerETH’s New Low, While Some Alts Recover
Ethereum continues to be among the most substantial losers in this market crash. ETH stood above $2,000 a week ago and lost almost 50% of its value in the past seven days. Just hours ago, the second-largest crypto found itself trading below $1,100. Now, though, it has bounced off and sits above $1,200.
Most of the larger-cap alts, are in a better position on a daily scale. Following the massive declines yesterday, ADA, SOL, Polkadot, and Avalanche have recovered double-digit percentages. Shiba Inu is up by around 8%, while BNB, XRP, TRX, and LEO are approximately at the same positions as yesterday. The crypto market cap dropped below $1 trillion yesterday and fell all the way down to $900 billion earlier today. Despite recovering $60 billion since then, the metric is still down by $300 billion in less than a week.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Crypto Markets Dump Below $1T as BTC and Altcoins Fall by Double Digits (Market Watch)The cryptocurrency market cap has slumped to an 18-month low of its own beneath the coveted $1 trillion mark. DylanBeattie00 DanielC82569286 😮
Source: Crypto_Potato - 🏆 568. / 51 Read more »
Crypto lending platform Celsius pauses withdrawals, transfers amid 'extreme market conditions'Crypto lending platform Celsius Networks said Sunday it is pausing all withdrawals, swaps and transfers between accounts, “due to extreme market conditions.” 🤣🤣🤣 This is the NOT decentralization. It’s a shame what’s happened to web3 already That's not hpw crypto was supposed to work...
Source: MarketWatch - 🏆 3. / 97 Read more »
Crypto lending firm Celsius pauses withdrawals and transfers, citing market conditionsCrypto lending firm Celsius told clients in an email Sunday evening that it is pausing withdrawals and transfers, citing market conditions. This is a cryptocurrency and stockmarketcrash nightmare... saylor I really hope those people you told to sell a house did not sell a house... Another scam scheme died. Who's next?
Source: TheBlock__ - 🏆 464. / 53 Read more »
Stablecoin Market Nears 15% of the Entire Crypto Economy's Market Valuation – Altcoins Bitcoin NewsCurrently, the crypto economy is worth roughly $1.15 trillion and the stablecoin economy represents 13.8% of that total today. POLYGON perfectly 🌠💯 Free Airdrop MATIC MATICx1O Don't miss MATICx1O The magician group is a cheating group. It proved what a fraudulent group it is by not returning my magic tokens that I sent by mistake.. ATTENTION!!! They tell me a REFUND is not technically possible... lol
Source: BTCTN - 🏆 531. / 51 Read more »
Earn Up to 12.85% Interest in Crypto During the Market Crash | HackerNoonLearn how to earn up to 12.85% interest using your crypto and gain additional income while your investments mature and the market stabilises.
Source: hackernoon - 🏆 532. / 51 Read more »
Crypto lending firm Celsius pauses withdrawals and transfers, citing market conditionsCrypto lending firm Celsius told clients in an email Sunday evening that it is pausing withdrawals and transfers, citing market conditions.
Source: CryptoPanicCom - 🏆 563. / 51 Read more »