Stock market slumps and crypto plummet, what’s really going on?
This week, something else happened that stock market and crypto users didn’t want because of the slump in the stock and crypto market that was slumping.
Some crypto assets are known to experience very sharp declines. As seen from CoinMarketCap, bitcoin is currently priced at US$30,625.10. In a week, bitcoin has fallen by 15.92%.
Furthermore, ethereum which was at the level of US $ 2,101.47 fell 23.45%. Then in a row tether was down 0.23%, the BNB was down 19.38%, XRP was down 25.95%, and Cardano was down 27.65% over the past week.
Here are some cryptocurrencies other than bitcoin that experienced a decline in price on Thursday 12 May 2022:
Ethereum fell 18.82% to $1,907.02
Solana fell 32.18% to US$ 44.87
Dogecoin fell 28.86% to US$ 0.07767
TerraUSD fell 15.85% to US$ 0.6747
Avalanche fell 32.50% to US$ 28.12
Shiba Inu fell 33.07% to US$ 0.0001072
Polygon fell 30.50% to US$ 0.6027
Terra fell 96.83% to US$ 0.3595
Keep up with the news on my account, I will continue to update everything about the development of the stock market and crypto.
Thanks.
