Sunday, May 19, 2024

The market value of cryptocurrencies fell to $ 952.17 billion

Date:

Prices of most cryptocurrencies fell 1.3% on Monday, compared to the previous day, due to fears of a resurgence over the past two days. The market value of cryptocurrencies fell 1.3 percent to $ 952.17 billion, with cash flows at $ 62.95 billion in the last 24 hours.

Over the past two days, the market value of digital currencies has soared to more than $ 100 billion, from close to $ 870 billion to close to $ 970 billion. The price of Bitcoin fell 1.22% to $ 2,1184.4, and the market value of the world’s most popular cryptocurrency reached $ 404.38 billion.

Ethereum fell 1.98% to $ 1215.97, while Binance Coin fell 0.75% to $ 237.4, while Cardano lost 1.24% to $ 0.4989, while Ripple fell 2.06%. $ 0.36038. Polkadot price fell 1.61% to $ 7.96, while Dogecoin price rose 12.69% to $ 0.076785.

The Fear and Greed index data showed significant improvement in recent readings as the Fear and Greed index rose from 6 points, the lowest level in the index for more than two years, to 14 points. For the second day in a row, the Fear and Greed index recorded 14-point levels, consistent with the continuation of the Bitcoin trade above the $ 20,000 and $ 21,000 levels.

According to the Fear and Growth Index reading, the average for the last week was 6 points, while the index’s monthly average recorded 12 points, both of which indicate that the market is in deep fear.

See also  "Dubai Electricity" triples the shares available for public subscription
Nadia Barnett
Nadia Barnett
"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

Share post:

Popular

More like this
Related

The Ultimate Guide to Men’s Facials in Dubai

In the bustling city of Dubai, where the sun...

Diversification Benefits of Indices Trading

Index trading is a popular investment option among traders...

Unlocking the Power of Booking Engines in the Hospitality Industry

In an era dominated by technology, the hospitality industry...