Why is crypto down
How to buy Solana
Platforms seized up
Top metaverse tokens witnessed a fall. Decetraland dropped by 10.70 percent while the Sandbox lost 8.98 percent of its value and ApeCoin dipped by 12.32 percent, presently at $0.496564, $0.630009, and $3.38, respectively. Cryptocurrency down This is odd, given that the two asset classes have “correlated heavily” so far this year.Crypto down
"Currently, there is growing concern around financial stability in China. In this context, the crackdown on cryptocurrency is an attempt to contain a potential source of instability," she added. Community & Events Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.
Bitcoin Drops Below $25K With Altcoins Bracing for Deeper Crash from FTX Crypto Sale
Huge changes like these show how volatile cryptocurrencies are (and Bitcoin is one of the more stable ones). They’re a very risky investment. About Corey Mann FTX, once one of the largest cryptocurrency exchanges in the world, spiraled into bankruptcy after its swift collapse last year. Shortly afterward, FTX investigators said they discovered $8.9 billion in customer assets were missing from the exchange.Bitcoin falling today
Nov 3 (Reuters) - The cryptocurrency market is starting to bounce back a year after the collapse of crypto exchange FTX and other big players in 2022 crushed prices, tarnished the industry and prompted a regulatory crackdown. Related Articles After the huge melt-up of 2017, Bitcoin spent most of 2018 in a downtrend, falling throughout the year, following a brief surge to start the year. By the end of the first quarter, Bitcoin was down nearly 50 percent from where it had started the year. It spent much of the year bouncing between $6,000 and $8,000 before closing 2018 at $3,709 – down 73 percent for the year.