Crypto markets lose $ 30 billion because Sol, Ada, ETH, Doge decrease by 6 %: Market Watch

Crypto markets lose $ 30 billion because Sol, Ada, ETH, Doge decrease by 6 %: Market Watch

Bitcoin failed at over $ 23,000 and fell by several hundred dollars, although it is currently being traded below this level.

Most old coins have decreased sharply in the last 24 hours, including the youngest high -flyer - Cardano, Solana, Polygon and others.

Bitcoin falls under $ 23,000

Bitcoin broke his $ 17,000-nesis at the beginning of the second week of the new year and has not regretted it. The outbreak led to a more optimistic atmosphere, and the asset rose to over $ 20,000 by the end of the same week.

The following was also quite positive, with BTC increase to $ 23,000 by the end. This led to an $ 11,300 high at the weekend. More precisely, this was the highest price of BTC since mid -September.

The cryptocurrency spent the next few days to sit at this level. However, the last 24 hours have caused some pain to the bulls when BTC slipped to $ 22,400. So far it has made some ground well, but it is still less than $ 23,000. This decline takes place in the middle of reports that at short notice -oriented investors have taken some profits with them.

Its market capitalization is still less than $ 440 billion, while its dominance has risen to 42.6 %.

btcusd. Tradingview

Sol, Ada, Matic Drop Hard

The old coins have also been in the green in the past few weeks and made up for the losses after the FTX debacle. Ethereum, for example, rose from $ 1,200 to over $ 1,650 within this period. However, after a daily decline of 5.5 %, ETH is below $ 1,600.

Binance Coin fights to stay over $ 300 because it fell by 4.3 %. Ripplleokb, Litecoin and Tron have lost similar percentages.

Most low and mid-cap alternatives are in a similar condition. Aptos is one of the few exceptions with a daily increase of 4 %.

Nevertheless, the cumulative market capitalization of all crypto-assets has shrunk by $ 30 billion in one day, but with CMC and Coingecko it is still over 1 trillion dollar.

Overview of the cryptocurrency market. Quantify crypto