Cryptocurrency prices fell today, Monday, September 19, 2022, significantly, while Bitcoin plunged below the level of $ 19 thousand.
Ethereum also resumed bleeding the losses that it has suffered over the past days, after it caught its breath during its dealings yesterday, to lose nearly a quarter of its value.
The market value of the crypto market decreased significantly to reach $912.1 billion, compared to $974.76 billion during yesterday’s trading, while the trading volume recorded $73.54 billion.
waiting for interest
The crypto market is still awaiting the monetary policy of the US Federal Reserve during the coming period, especially with strong indications of continued inflation in the United States.
US stocks slumped to two-month lows last Friday as FedEx’s slowdown warning accelerated investors’ flight to safety at the conclusion of a turbulent week.
All three major US stock indexes fell to levels not touched since mid-July, with the S&P 500 dropping below 3,900. The crypto market has recently been affected by the performance of Wall Street.
Bitcoin price today
The price of Bitcoin (BTC) fell today, Sunday, by 8.21% to $ 18,483.3, and thus, the world’s most famous cryptocurrency continued its losses in a week, reaching more than 10%.
The market capitalization of the world’s largest cryptocurrency has fallen to $360.19 billion.
The price of Bitcoin reached a high of $69,000 last November.
Cryptocurrency rates today
The price of the Ethereum coin (ETH) fell by 11.62% to $1,293.68.
The price of Binance coin BNB fell by 6.35% to reach $260.40.
The price of the XRP currency lost about 4.57% of its value to record $0.3506.
The Cardano coin fell 9.42% to $0.4377.
Dogecoin price fell by 8.06% to $0.05655.
And the Polkadot price lost about 11.66% to record 6.210 dollars.
Cryptocurrencies are considered as a non-cash digital payment method, which is managed and traded in a decentralized online payment system that is highly protected away from the control and control of banks.