Crypto market values fall in the middle of the global slump in the market, increasing default risks-markets and prices

crypto markets have lost value in the last 24 hours, since crypto-assets have lost between 7-15% in this period. The overall market assessment of all more than 10,000 existing crypto assets has fallen just below the $ 2 trillion mark and has lost over 9 % of value in the last 24 hours.

crypto economy slips by 9% in the last 24 hours

bitcoin ( btc ) The prices were on Sunday, September 19, but on the following day, btc The prices are much lower, since the crypto-asset has fallen to a low of $ 42,660 per unit. btc has lost 8.9 % in value and the market value of the digital asset is now around 815 billion US dollar. At the time of writing a single btc exchanges for just over 43,000 USD per coin.

The second largest crypto-asset, Ethereum ( eth ) lost 10.3% on the last day and everyone exchanges value for just over 3,000 USD per unit. ETH on Monday has an overall market rating of around 355.4 billion US dollars.

The biggest loser among the top ten market positions for crypto-assets is xrp lost in the course of the last day. Bitcoins ( btc ) 8% loss is the slightest of all percentage loss on Monday. Shortly before btc ’s under $ 45,000, the crypto-analyst from ETORO discussed the current market.

"Bitcoin and Ether both experienced a weekly past after a week in which they had climbed back to previous highs," wrote Simon Peters, crypto analyst from Etoro, on Monday morning in a note to bitcoin.com News. “ btc began under $ 45,000 after the flash crash the week before. had increased, the price collapsed again on Sunday and fell to around $ 45,500. ” Peters added:

also, ETH began with a trade at $ 3,200, before he climbed on Thursday to a high of $ 3,652. However, the token started to decrease earlier than Bitcoin fell from Thursday and over the weekend to less than $ 3,200, which corresponds to a decline of 13%.

Kosmos remains intact, fear of economic turbulence due to the collapse of ever -grands and failure risks

Overall, the entire crypto market capitalization has lost over 9% of Fiat value between Sunday and Monday. The top coins that are traded include nine different stable coins. In addition to the StableCoin campaign today, the coin is the slightest Fiat loss, the cosmos ( atom ). Cosmos lost only 0.9% on Monday and has increased by over 9% in the past seven days. The biggest loser today is Algorand (Algo), who lost 16.6% in the last 24 hours.

The cryptocurrency markets followed the decline in all global markets on Monday because some warnings of economic turbulence occurred. For example, news agencies report that the United States could not meet their financial obligations, which could lead to another financial crisis.

US finance minister Janet Yellen warns of an impending debt limit. In addition, the global stock markets write red numbers because the shares of China Evergranden fall like a stone. The Evergrand share recorded an 11-year low and speculators claimed that the collapse of Evergranden could look like the next Lehman Brothers crisis.

What do you think of the market flight in the middle of the global slump in the market due to failure risks and China evergrand shares? Let us know your opinion on this topic in the comments below.

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