The market is bleeding… – While the macroeconomic context is still not encouraging, like inflation which is continuing, cryptocurrencies are experiencing a purge period. Since the top last November, bitcoin has fallen more than 60%. it’s about the first cryptocurrency in terms of capitalization. The fall of altcoins is 90% and even more for some… … Read more
What’s going on: As of Friday, the price of bitcoin plunged almost 50% from its all-time high as traders – worried about whether the Federal Reserve’s bid to fight inflation could tip the economy into a recession – have abandoned riskier investments. But in recent days, the implosion of high-profile crypto experiment TerraUSD has fueled … Read more
Even redder than that of Bitcoin, the price of Luna, the cryptocurrency of the Luna Foundation, has fallen by more than 52% since Monday, dragging with it TerraUSD (UST) stablecoin. Very bad news for a digital currency that is supposed to follow the course of the dollar and never vary – leading the market capitalizations … Read more
Facebook Twitter Messenger WhatsApp LinkedIn What happened ? The cryptocurrency market is experiencing another day of short selling today. Shiba Inu (SHIB -0.81%), Ethereum (ETH 1.99%) and Dogecoin (DOGE -1.01%) token prices lost ground along with the selling momentum. They were down about 5%, 2.1% and 1.6%, respectively, in the previous 24 hours of trading … Read more