Which Cryptocurrencies Suffered The Worse Collapse Since All-Time Highs?
Cryptocurrencies all across the market have been suffering major downside since the crash. The crypto market saw a couple of hundred billions shaved off its market cap following this. Bitcoin, Ethereum, and others have all seen their value decline significantly in the space of a week. However, in all of this, some digital assets have been hit harder than others. This report takes a look at those cryptocurrencies. Metaverse Tokens Take A Hit The crypto market’s recent decline has been characterized by bloody streets. As expected, bitcoin’s 52% decline from its all-time high has dragged down....
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The crypto market has deep-dived to 11% in just 24 hours. It’s been in the hole or behind and most coins (led by LUNA) have been suffering major losses such as Avalanche, ApeCoin, Solana, and Shiba Inu, to name a few. So, what’s happening here? It’s like a ripple or domino effect that has hit one and is now derailing the rest of the cryptocurrencies. Not Just LUNA LUNA has lost 97% of its value following the major dip of UST stablecoin. The losses of other coins are not as massive as Terra but they have also suffered devastating double-digit losses over the 24-hour time frame. Suggested....
Ethereum accumulation patterns have pointed towards bullish trends. Whales, as well as small investors, have started to fill up their bags with the altcoin after the crash that brought it down to the $2,100 level. This time around, it is smallholders going on an accumulation spree as the number of wallets holding at least 1 ETH, not their balance touches a new high. New Milestone For Ethereum The latest milestone for the digital asset has come after a disappointing week in the market. As the number of active investors in the crypto space continues to rise, so has the number of investors....
Chainlink has undergone a strong rejection over the past few days, following in the footsteps of other cryptocurrencies. The coin trades down 13% in the past 24 hours, slipping below $9 for the first time in many weeks. Since the all-time highs set just weeks ago, LINK is down by over 50%, which is worse […]
All across finance, the conversation of the day has been centered around China and the ongoing regulatory crackdown As it pertains to the crypto market and assets like Bitcoin and Ethereum, holders are wondering if there could be spillover effect and additional FUD that could on the ongoing recovery in play. But it is in the Tencent chart itself that suffered a devastating collapse today that should have Ethereum bulls worried due to a frightening comparison between the two. Making matters worse, knocking on wood won’t help, as the Lumber futures chart could help shed a light....
The man known as India's Warren Buffet is eager for a blanket ban on all cryptocurrencies and believes the Bitcoin “party” will result in a terrible hangover for investors. The billionaire investor known as India’s Warren Buffet, Rakesh Jhunjhunwala, has voiced his support for India’s impending cryptocurrency ban, warning that the hangover from Bitcoin (BTC) mania will be worse than the party itself. Jhunjhunwala, speaking on CNBC’s Street Signs Asia segment on Feb. 23, said the Bitcoin party was one he’d rather not attend:“I think it’s speculation of the highest order. I don’t want to....