Crypto Crash Latest News: Bitcoin, ETH, Solana, DOGE, DOT, AVAX Prices Increased

Bitcoin has dropped 9.4% in the last week, closing at roughly $31,000. Ethereum dropped 16.1%, whereas other 10 leading cryptocurrencies dropped from 13.9 percent (Binance Coin) to 25.4 percent (Solana). According to CoinMarketCap, the entire capitalization of the crypto market fell 15% this week to $1.30 trillion. Keep reading to get the insights about crypto crash latest news.

The drop in the last week became the most substantial weekly drop since January after breaking below last year’s lows at $30,000. The Terra (LUNA) fall and the TerraUSD stablecoin initiative contributed to the market’s pessimism, wreaking havoc on all cryptocurrencies. May and June, according to Global Macro Investor CEO Raul Pal, would be the most alarming months, resulting in a new wave of crypto market sell-offs.

Whereas, within last 24hrs, the price of Solana has risen 11.46 percent to $56.07. The price of SOL has dropped by 25.27 percent in the previous week. In market capitalization, it is now the eighth largest cryptocurrency.

Cardano cryptocurrency surged by 12.56 percent to $0.5872. In the previous 24 hours. The price of ADA has dropped 18.40 percent in the previous week. In market capitalization, it is now the seventh largest cryptocurrency.

Dogecoin (DOGE), a popular memecoin, has grown by 2.07% in the previous 24 hours. In market capitalization, DOGE is presently placed 10th. DOGE was trading at $0.08974 at the time of this publication.

Polkadot (DOT) and Avalanche (AVAX) prices have increased by 3.5 and 6.52 percent in the previous 24hrs, respectfully. On CoinMarketCap, DOT and AVAX are now rated 11th and 12th, respectively.

Cryptocurrencies and other virtual digital assets are unregulated. Prior to actually considering any investing decisions, kindly contact your mortgage broker.

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