TL; DR failed
- The value of the global crypto market is at its lowest level of $ 2.43 trillion, down 7.27% from yesterday.
- Bitcoin fell sharply from $ 58.7 thousand yesterday to $ 53.9 thousand.
- Atrium again puts a gap between itself and $ 4.5 thousand.
- Binance Quinn fell 10.95% to $ 569.73.
- The top winners today with the top 100 are Storj and Ankr.
Another fatal blow to the world of digital currencies came overnight as the global market value witnessed such an awful red shadow in a short time that astonished investors.
While investors were resting, assuming their tokens were performing exceptionally well, the market was once again in turmoil for investors, as the sudden depreciation of all tokens occurred within hours.
Investors’ hopes are dashed after waking up to such an unexpected turn of events.
Bitcoin loses $ 5,000 in a short period of time
When it all came down to our top competitor, Bitcoin, it had fallen from its base again. Investors fell asleep hoping to wake up to $ 60,000 bitcoin, but were disappointed to find the opposite.
After a sudden drop last night, Bitcoin could not get out of the decline, but so far it has sunk deeper and deeper. After surprising investors yesterday, but yesterday crossed the $ 58,000 mark, Bitcoin fell again even less than last week, falling 7.86% to $ 53,800.
Its market value has fallen to $ 1.02 trillion, while its trading volume is $ 41.13 billion every 24 hours.
Investors ETH and BNB went to sea after falling sharply
Surprisingly for everyone, this sudden flow has not left Atrium and Bainance unharmed. Atrium fell 9.44 percent to $ 4,016 yesterday.
After a very good performance, investors had higher expectations of ETH and were looking for more than $ 4.5 thousand, but now its market value and trading volume are $ 478.31 and $ 24.43 billion, respectively. The same is true of the BNB. It fell to the same starting point of $ 577 instead, after investors hoped to cross $ 680.
STORJ and ANK were among yesterday’s top winners
Storj is an open source cloud storage platform that has introduced its digital currency. It has increased 42.52% in the last few hours and 42.61% in the last week. It is priced at $ 3.11, while its trading volume is $ 1.80 billion, equivalent to 567 million STORJ.
Second on the list of top winners but a few steps ahead of STORJ is Ankr (ANKR), a digital currency created by the company with a focus on creating China blockchain solutions. Its value has increased 22.09% to the price of $ 0.015.
Just when everything was looking for our superior digital currencies, the market suddenly turned around and there were red charts all around.
The crypto market was happy with the sudden influx of prices, but now, just like a dip, values are steadily going lower and lower, with uncertainty as to how long this downtrend will continue. As always, the crypto market has ways to surprise us. The only thing we can hope for is that the sudden decline in value will not continue for long.
An overnight price reversal could pose a serious threat to investors around the world, while buyers are happy with cheap prices and are praying for prices to rise. What is new? Keep learning.
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