Top 5 Cryptocurrencies That Took a Massive Hit

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

As the crypto market stays unstable, these prime cryptocurrencies have taken a important hit.

Solana

According to cost 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 someday. Trades are afraid of a potential Solana dump.

Bitcoin

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

Ethereum

According to cost monitoring platform CoinMarketCap, ETH is presently buying and selling at $1,162, down from $1244, a 11.12% drop within the final 24 hours.

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, based on value monitoring platform CoinMarketCap.

Binance Coin

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

Also Read: (*5*)

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’s not working, you will discover him studying and understanding the world by the lens of the Internet. Contact him at [email protected]

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