Cryptocurrencylistings Markets: Bitcoin dips beneath the $30K threshold
Most cryptocurrencies have experienced further declines.
The price of Bitcoin has slipped back below the $30K mark, currently trading at $29,927.54, a 5.33% decrease since yesterday. Meanwhile, Ethereum's ether has also taken a hit, with its price now at $1,820.69, down by 6.11%.
Cryptos like Binance’s BNB, Cardano’s ADA, and XRP have all seen a reduction of around 5%-6% with the majority of tokens facing similar downturns.
Solana (SOL) has fared even worse, suffering a dramatic drop of 11.58%. The Solana network encountered yet another disruption lasting over four hours. According to Solana Labs co-founder Anatoly Yakovenko, a 'durable nonce instruction caused part of the network to regard the block as invalid, preventing consensus.' This feature has now been disabled, and a fix is on the way. Unfortunately, this incident has negatively impacted SOL's market value.
On a brighter note, Waves has shown resilience with a 24-hour price increase of 8.96% and a remarkable weekly rise of 89.88%.
Almost all prominent metaverse cryptocurrencies are struggling. BakeryToken (BAKE) has taken a significant hit, plummeting by 18.61%, while other tokens are not far behind. Flow saw a 6.74% drop, Decentraland's MANA declined by 7.05%, ApeCoin (APE) decreased by 9.10%, Tezos fell 9.75%, The Sandbox’s SAND dropped by 5.75%, and Axie Infinity’s AXS plummeted by 11.32%.
Read related posts:
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- Cryptocurrencylistings Markets: Cryptocurrency rates have dipped following an overnight surge.
- Cryptocurrencylistings Markets: Cardano’s ADA sees a surge; Bitcoin is on the upswing.
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