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Monday, December 5, 2022
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    HomeBitcoinTop 5 Cryptocurrencies That Took a Massive Hit

    Top 5 Cryptocurrencies That Took a Massive Hit

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    In a current flip of occasions, Binance backed out of FTX’s acquisition deal. The meltdown of FTX and Alameda Analysis has despatched shockwaves throughout the trade. In line with CoinMarketCap’s data, the worth decline wiped away greater than $100 billion in worth from crypto property.

    Because the crypto market stays risky, these high cryptocurrencies have taken a big hit.

    Solana

    In line with worth monitoring platform CoinMarketCap, SOL is presently buying and selling at $15.13, down from $22.5 within the earlier 24 hours. Solana has plummeted 28.83% in sooner or later. Trades are afraid of a possible Solana dump.

    Solana price chart

    Bitcoin

    As of this writing, the BTC worth stands at $16,255, down from $18,366—a 11.30% drop within the final 24 hours—in keeping with worth monitoring platform CoinMarketCap.

    BTC Price Chart

    Ethereum

    In line with worth monitoring platform CoinMarketCap, ETH is presently buying and selling at $1,162, down from $1244, a 11.12% drop within the final 24 hours.

    ETH Price Chart

    DogeCoin

    The meme cryptocurrency, DOGE, plummeted almost 7% amid the crash. As of this writing, DOGE is buying and selling at $0.07996, down from $0.08388 within the final 24 hours, in keeping with worth monitoring platform CoinMarketCap.

    Dogecoin Price chart

    Binance Coin

    BNB, the native cryptocurrencies of Binace, additionally suffered vastly amid the information of FTX acqusition and later backing out of the identical. In line with worth monitoring platform CoinMarketCap, BNB is presently buying and selling at $283.44, down from $314, a 9.90% drop within the final 24 hours.

    BNB Price Chart

    Additionally Learn: JPMorgan: Crypto Market Facing A Cascade of Margin Calls, More Bloodbath Ahead?

    Dhirendra is a author, producer, and journalist who has labored within the media trade for greater than 3 years. A know-how fanatic, a curious one who likes to analysis and learn about issues. When he isn’t working, you will discover him studying and understanding the world by means of the lens of the Web. Contact him at [email protected]

    The introduced content material could embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty on your private monetary loss.



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