- Oct 25, 2021
- Reaction score
Crypto Economy Value Dives
Digital currency markets have lost significant value during the last 24 hours as billions have left the crypto economy in a matter of hours. Currently, the crypto economy and its 11,388 coins in existence have lost more than 16% in USD value. Bitcoin (
The downward slide took
The second-largest market valuation, held by ethereum (
While solana (SOL) is up 0.6% for the week, SOL lost 18.2% during the crash.
The stablecoin economy’s overall valuation today is $156 billion or 6.67% of the $2.32 trillion crypto economy. While a great majority of coins lost considerable value, except for stablecoins, ecash (XEC) is still up 7.2%.
Today’s biggest losers include fantom (FTM) down 27.7%, and theta network (THETA), which dropped 27% during the crypto market slide.
What do you think about the recent crypto market downturn? Let us know what you think about this subject in the comments section below.