Except for Terra (LUNA) and TerraUSD (UST) which lost due to market manipulation, dumping of coins and crypto tokens recorded a severe decline!
At the time of writing, Bitcoin (BTC) failed to hold on to the $ 29,000 level throughout this morning before touching a value of $ 28,653, down more than 8% in 24 hours, the lowest record since 2020.
At the same time, altcoins such as Fantom (FTM), eCash (XEC), Gala (GALA), The Graph (GRT), Waves (WAVES) have declined by over 40% with their respective records:
Phantom (FTM): $ 0.28 (-47.29%), lowest since August 2021
eCash (XEC): $ 0.00003155 (-46.49%), lowest since August 2021
Gala (GALA): $ 0.06164 (-42.86%), lowest since September 2021
The Graph (GRT): $ 01427 (-41.73%), the lowest since December 2020
Waves (WAVES): $ 7.06 (-40.36%), lowest since February 2021
While altcoins such as Ethereum (ETH), XRP, Cardano (ADA), Solana (SOL), Dogecoin (DOGE), and Shiba Inu (SHIB) recorded negative movements, declining around 15%-30%.
Ethereum (ETH): $ 1,986 (-15.89%), the lowest since July 2021
XRP: $ 0.38 (-25.55%), the lowest since February 2021
Cardano (ADA): $ 0.45 (-28.09%), the lowest since February 2021
Solana (SOL): $ 45.35 (-31.74%), the lowest since August 2021
Dogecoin (DOGE): $ 0.07995 (-26.87%), lowest since April 2021
Shiba Inu (SHIB): $ 0.0000113 (-30.87%), lowest since October 2021
For the record, total liquidity of cryptocurrency assets has increased to $ 1.05 billion in 24 hours with the highest record from exchange platforms Okex and Binance.
Bitcoin recorded the highest total liquidity of $ 276.04 million, followed by ether ($ 263.34 million).
Analysts described the negative sentiment of the crypto market is not over yet and higher declines will occur. The collapse was clearly due to the interest rate announcements announced by the Federal Reserve (The Fed) over the course of the day.
Crypto investors are asked to be vigilant not to get hit.
