Severe bleeding wave cost cryptocurrencies $ 174 billion in 4 days

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Solana ignores wave of losses, jumps over 80% and “Bitcoin” leads declines

Bitcoin Ranked # 1 on Largest Cryptocurrency By Market Cap (AFP) List

A few days after the attack on the cryptocurrency market, the market squared losses and the color red darkened the trading screens, and the weekly losses were more severe than the losses of the last few hours.

 

Along with the crackdown on cryptocurrencies, be it in China, the United States and European countries, former US President Donald Trump has once again criticized the market, accusing cryptocurrencies of damaging the US dollar. “I think others could be a disaster ahead,” he said, commenting on recent market activity, referring to cryptocurrency investors.

 

This wasn’t the first time Trump has publicly criticized cryptocurrencies, in June he said bitcoin looked like a scam and suggested it should be more regulated. The price of “Bitcoin” has fallen 54% from its high of over $ 64,000 in mid-March, to around $ 29,000 in April.

 

In terms of trading, and according to the CoinMarketCap platform, the combined market value of cryptocurrencies has fallen 7.6% in the past four days, with circulating currencies losing around $ 174.4 billion, after their combined market value has declined from the 2288.5 level. billion dollars to approximately 2,114.1 billion dollars, Thursday, September 9 (September).

 

Bitcoin at $ 46,000

 

As for “Bitcoin“, losses recorded in last week’s trading were 7.5%, down from a drop of 0.04% in the last few hours, to settle in Thursday’s trading at the level. of $ 46,110. Its combined market value also plunged eight percent, losing about $ 75.9 billion, after the currency’s total value rose from the level of $ 941.4 billion to about $ 865.2 billion at the At present, to acquire with this number a market share of 40.9 percent of the total market value. .

 

The currency “Ethereum”, which occupied the second place in the list of the largest cryptocurrencies in terms of market value, recorded losses of 6.9% during trading last week, compared to an increase of 4, 4% in the last few hours, settling in Thursday’s trading at the $ 3,485 level. Its total market value also declined to around $ 406.9 billion, gaining an estimated market share of 19.24%.

At a time when the currency “Cardano” came in third place, it posted losses during last week’s session of 15.6%, with a gain of 10.2% in the last few hours, for settle its price in Thursday’s trading at the $ 2.57 level. Its combined market value stabilized at $ 81.48 billion, with a market share of 3.85%.

 

The currency “Binance Coin”, which ranked fourth among the top ten digital currencies in terms of market capitalization, posted losses during last week’s trading of 15.8%, compared to gains of 2, 4% in the last few hours, to pay the price on Thursday. trading at 413 dollars. Its combined market value also fell to the level of $ 69.43 billion, gaining a market share of 3.28%.

 

While the currency “Tezer” ranked as the fifth largest cryptocurrency by market cap, the price of the currency stabilized at the dollar level and its combined market value stabilized at the level of. $ 68.57 billion, gaining an estimated market share of 3.24. percent.

 

Solana jumps more than 80%

 

Currency “Solana”, which ranked sixth in the top ten digital currencies by market value, posted gains during last week’s trading of 80.9%, compared to gains in the last few hours by 30.2%, to settle its price in Thursday’s trading at the level of 210.19 dollars. Its combined market value also reached the level of $ 60.9 billion, gaining a market share of 2.88 percent.

 

As the currency “X Ripple” came in seventh place, it registered 13% losses during trading last week, with gains of 3.8% in the last few hours, to settle its price in Thursday’s trading at the $ 1.11 level. . Its combined market value also fell to the $ 51.5 billion level, with an estimated market share of 2.43%.

 

But the eighth-spot ‘Dogecoin’ currency posted losses of 16% during the week’s trading.

 

rnally, up from a 4% increase in the last few hours, settling in Thursday’s trading at the $ 0.255 level. Its total market value has also fallen to around $ 33.26 billion, gaining a market share of 1.57% of the total market value at present.

 

As for the currency “USD Coin“, which ranked ninth among the top ten digital currencies by market value, its price stabilized at the level of one dollar, and its combined market value stabilized at level of $ 28.76 billion, with an estimated market share of 1.36 percent.

 

As the currency “Polka Dot” registered in tenth place, the currency posted losses in last week’s trading of 11.3%, compared to gains of 5.8% in recent years. hours, to trade Thursday at the level of 28.80 dollars. . Its combined market value also declined to around $ 28.2 billion, gaining an estimated market share of 1.33%.

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