Bloodbath observe in crypto market Today
Blood bath has observed in crypto market despite good recovery yesterday. Market failed to capitalize yesterday cap of 2.05 Trillion USD. 260 Billion USD has wiped out from the market in last 24 hours. More than 11.5% dip observed in market today.
BTC which was trading around 43,000 USD fell as low as 38,000 USD. Currently coin is trading around 38,100 USD. 90 Billion USD wiped out from BTC marketcap today. Current market cap of BTC is 724 Billion which is the lowest recorded of cap BTC in 2022.
Ethereum has observed dip of 14.33% in last 24 hours. Currently world no 2 placed crypto coin is trading around 2,758 USD.
Majority of coins have reduced worth today. Red color dominance observed in market. Big dip also creates opportunity to buy coins at low rates but who knows how much dip observe in crypto market. Let's hope for the best. Patience is the key. What is your opinion my friends?
This is it for my today post. Wish you all a very happy, healthy and prosperous life ahead. Have a nice time.
Posted Using LeoFinance Beta
It really a correction time to buildup again, cause no one ever know or have a prediction for the dip happening now in Crypto world.
Thanks for sharing
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Mhmm! What goes up must come down, is this the case with crypto one might want to ask. We all know how the drill works. Hopefully things will get better in the future.