Crypto economy loses billions in market depression, Bitcoin price slips by more than 25 % in 30 days-market tactics

in 30 days

A large number of cryptocurrencies in the early morning (after 12:00 p.m. EST) on December 4th, K-Zone lost significantly to a low of $ 43,972 per unit. Since then, Bitcoin has managed to climb just over the position of $ 47,000 per unit.

crypto economy value dives

The digital currency markets have lost considerably in the last 24 hours because billions of billions have left the crypto economy within a few hours. Currently, the crypto economy and its 11,388 existing coins have lost more than 16% of USD value. Bitcoin ( btc ) fell from 53,000 USD per unit to 43,9,000 USD.

The downward slide lasted btc sunk, but the crypto-asset has since after the mopping 7.28 % regained. btc managed to climb the $ 47,000 region and has a total market assessment of around $ 895 billion. Seven-day statistics show Bitcoin ( btc ) has lost 11.5%, but the 30-day statistics showed that the price by 25.2% dropped is.

The second largest market rating, held by Ethereum ( eth ), lost 13.9%in the last 24 hours, but the seven-day index show that Ether has only dropped by 2.2% after reaching his all -time high (ATH) last week. The biggest loser in the top ten was Dogecoin (Doge), which lost 21.9% in 24 hours. Polkadot (DOT) lost 21.7%.

While Solana (Sol) rose by 0.6 % a week, Sol lost 18.2 % during the crash. xrp made a 19.8%dive and cardano ( ada ) has dropped by 17.5% in the last 24 hours. Binance Coin ( bnb ) was the only top-ten candidate to ward off the losses during the decline, only around 12.7 % lost.

btc Today's market dominance is 38.4% of the crypto economy ( eth ) orders 20.2%. At the time of writing, ether has a market capitalization of around $ 470 billion. Today there is a global trade volume of $ 243.8 billion and the stable coin volume comprises $ 147 billion of these trades.

The overall rating of the StableCoin economy today is $ 156 billion or 6.67% of the crypto economy of $ 2.32 trillion. While the vast majority of the coins have lost significantly in value with the exception of the stable coins, Ecash (XEC) has still increased by 7.2 %.

Today, Fantom (FTM) with a minus of 27.7% and theta network (theta), which has fallen by 27% during the crypto market slip.

What do you think about the recent downturn of the cryptom market? Let us know your opinion on this topic in the comments below.

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