Crypto markets lost $ 50 billion after the crash on Wall Street on Tuesday: Market Watch

Crypto markets lost $ 50 billion after the crash on Wall Street on Tuesday: Market Watch
Bitcoin once again failed yesterday to overcome $ 25,000, and the subsequent rejection brought it back to just under $ 24,000.
Most old coins suffered even more during the day, with Matastic, Okb, Sol and several others collapsed by about 7 %.
Bitcoin ahmt the Wall Street after
The last few days, more precisely since the end of last week, were very volatile for the primary cryptocurrency. He rose on Thursday and over $ 25,000 and recorded a six -month high before crashing just as quickly to less than $ 23,500.
Two more attempts to overcome $ 25,000 followed in the last few days, the last one came yesterday. Bitcoin needed all the way up to $ 25,200, but the asset failed again. The subsequent rejection drove it hard to the south and Bitcoin used to slip below $ 24,000.
This dive came in the middle of the crash on Wall Street. The three most important US stock exchange indices all closed in the minus. The S&P 500 and the Dow Jones fell by 2 % in one day, while the Nasdaq Composite broke up by over 3 %.
The recent drop in prices from BTC has reduced the market capitalization of the assets to $ 465 billion. Its dominance compared to the Alts has slightly increased to 42.6 %.
BTCUSD. Tradingview
old coins in dark red
The two biggest old coins (apart from stablecoins) after market capitalization-Ether and BNB-have fallen over similar percentages in the last 24 hours (2-3 %). As a result, ETH is below $ 1,650, while BNB is below $ 310.
More day losses show up at Cardano, Polkadot and Shiba Inu (-4 %). Matatic and Solana lost the most of the top 15 alternatives and declined by more than 6 % in one day.
Dogecoin, Litecoin and Avalanche have recorded insignificant profits. However, Filecoin has resumed its latest series by increasing almost 9 % in one day. As a result, Fil is now traded over $ 8.6.
Overall, however, the entire crypto market capitalization was lost at one point by about $ 50 billion and fell under $ 1.1 trillion at CMC.
Overview of the cryptocurrency market. Quantify crypto