The cryptocurrency market is in the midst of worries about the new pandemic wave that continues to spread around the world, creating severe problems for airlines that are forced to cancel flights as many workers fall ill with coronavirus and go into quarantine.
However, investors still believe that the impact of the Omicron mutation will not derail economies. In fact, the US CDC (Centers for Disease Control and Prevention) recommended reducing the isolation time to 5 days for the asymptomatic carriers of the coronavirus and at the same time it was suggested another 5 days using a mask when they come in contact with third parties.
Thus, in the last week of the year, Bitcoin fell up to 7.4% to reap the losses at 6.35% to $ 47,757. The world’s most popular crypto has slipped more than 30% from its all-time high of $ 68,990 in November, according to CoinDesk.
Ethereum has lost 6.5% in the last 24 hours at $ 3,796, while earlier it fell to 7.6%. Its drop is more than 20% from the record of $ 4,866 in November.
As for the smaller digital currencies, Terra’s LUNA fell 8.9% to around $ 86, while Polkadot lost 13% to $ 28. Dogecoin traded down 9% at $ 0.17, while Shiba Inu slipped 11.3% in the last 24 hours to $ 0.000035.
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