New Delhi: The largest cryptocurrency Bitcoin is currently down by 0.90% over the past 24 hours and has been trading around $51,316. BTC touched its all-time high of $64,000in April. Ethereum also dropped in value along with other popular coins like Dogecoin, XRP, and Cardano.<\/p>\n
As we all know the crypto market is very volatile which means that you can see large swings with no notice, thus people find it very risky as you can witness a sudden fall.<\/p>\n
An upswing can work wonders in your favor but a downward trend can leave you with less money than you put in. You might also be not able to access your investment portfolio if it goes down.<\/p>\n<\/p>\n
Which coins prices are down?<\/p>\n
BTC is down by 0.90% and is trading at $51,316 where the 2nd largest coin Ethereum is also down by 6% and is trading $3,720. Altcoins like DOGE and SHIB were also down.<\/p>\n
DOGE is down by 7%, on the other hand, SHIB is down by 7.20%.<\/p>\n
When will it recover? Read here<\/p>\n
Why the crypto market is down?<\/p>\n
The Crypto market has already suffered series of blows apart from its regular volatility and it is difficult to mark a common problem that can state that why markets are down today.<\/p>\n
As per Forbes, JP Morgan analysts warned that the markets may be down due to a correction following retail investor mania. Last month hackers stole around $600 million in a crypto heist and it can after a series of crackdowns that affect the whole world<\/p>\n
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Read this article: New Delhi: The largest cryptocurrency Bitcoin is currently down by 0.90% over the past 24 hours and has been trading around $51,316. BTC touched its all-time high of $64,000in April. Ethereum also dropped in value along with other popular coins like Dogecoin, XRP, and Cardano. Continue reading
\nWhy is the cryptocurrency market down today? Read here - Newsroompost<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"