The cryptocurrency market is also under strong pressure amid the generalized invasion of Ukraine by Russian military forces, which is leading investors to flee en masse from high-risk investment elements.
In this climate, the flagship of digital currencies, bitcoin, sees its value fall by 9% and trades at $ 35,400, while at the low of the day it had reached $ 34,338 according to coindesk.
Similarly, ethereum plunges 11% to $ 2,436, with even greater liquidity on the other cryptocurrencies.
Specifically, the XRP is down 12.7% at $ 0.642, the terra is down 10.6% at $ 54, the cardano is down 16% at $ 0.77, the stellar is down 11.51% at $ 0.168 and dogecoin by 14.9% to $ 0.113.
It is worth noting that according to Coinmarketcap, in the last 24 hours more than $ 150 billion has been evaporated from the cryptocurrency market.
Source: Capital
I am Sophia william, author of World Stock Market. I have a degree in journalism from the University of Missouri and I have worked as a reporter for several news websites. I have a passion for writing and informing people about the latest news and events happening in the world. I strive to be accurate and unbiased in my reporting, and I hope to provide readers with valuable information that they can use to make informed decisions.
