Why The Cryptocurrency Market Is Down at Breaking News

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Why The Cryptocurrency Market Is Down, The global crypto market was valued more than $3.1 trillion for the first time in 2021. Withdrawals of bitcoin cost 0.0005% and a minimum withdrawal amount of 0.001 bitcoin. However, exactly one year ago the entire market cap of all cryptocurrencies was just over $15 billion.

Why is the cryptocurrency market down today?
Why is the cryptocurrency market down today? from bobeking.co.uk

The bitcoin price has experienced a massive drop in the last 24 hours, with the biggest coin, bitcoin, down nearly 8%. The cryptocurrency market has been struggling to return to highs reached in late 2021 as inflation, looming conflict in europe and global market uncertainty over crypto risks continue to push. Bitcoin prices are currently hovering.

Why is the cryptocurrency market down today? from Nice Breaking News

Withdrawals of bitcoin cost 0.0005% and a minimum withdrawal amount of 0.001 bitcoin. But either way, a whole lot of folks are asking, “why are all cryptos down?” well, the major catalyst appears to be the release of the minutes from the federal reserve board’s meeting in december. As of january 2022, its worth had dropped to $1.65 trillion. Crypto prices are tanking this morning, and the losses pile atop existing downward trends for a lot of currencies. In fact, according to coinmarketcap data, bitcoin’s current market cap of $665 billion (roughly rs.