Cayman Islands, Caribbeanand International News
Monday, Mar 20, 2023

Cryptocurrency markets CRASH! Bloodbath in crypto tokens

Cryptocurrency markets CRASH! Bloodbath in crypto tokens

Global cryptocurrency market-cap slips to $900 billion. It's worth noting that the market cap was at $3 trillion roughly six months ago.
Cryptocurrency markets are witnessing a blood bath over the last 24 hours. The global market cap is down by 13.63 per cent in the last 24 hours and is at $901 billion as of 7:30 AM IST, CoinMarketCap data showed.

Bitcoin is down by a whopping 18.25 per cent and is trading at $21,049.

Ethereum also showed major downtrend and is at $ 1,118 after sliding down 17.49 per cent.

The USDT Tether showed no change in its value in the last 24 hours.

The USDC stablecoins showed 0.02 per cent negative change and maintained its peg at $1.

The BNB token plummeted 14.11 per cent, while Solana tumbled by a significant 8.52 per cent.

XRP Ripple is also down. It fell by 10.09 per cent in the last 24 hours.

The ADA token crashed 5.24 per cent.

Dogecoin slipped from the position of the tenth most valuable cryptocurrency by market cap after tumbling 15.17 per cent.

Stablecoin DAI is at the position of the tenth most valuable token and showed 0.02 negative change.

Overall, the majority top tokens slid drastically from their positions in the last 24 hours. The global cryptocurrency markets cap has crashed to $900 billion levels. It's worth noting that the market cap was at $3 trillion roughly six months ago at it's all time high.

Due to the crypto crash, Bitcoin 'Fear and Greed' Index has dropped to 8, indicating extreme fear.

Meanwhile, Crypto.com CEO says that the company will lay off around 260 employees, about 5 per cent of its staff due to market conditions. Moreover, Crypto lending platform BlockFi will lay off around 20 per cent of its staff due to market conditions.

Related Articles

Home Secretary Suella Braverman tours potential migrant housing in Rwanda as asylum deal remains mired in legal challenges
Paris Rioting vs Macron anti democratic law
'Sexual Fantasy' Assignment At US School Outrages Parents
Credit Suisse to borrow $54 billion from Swiss central bank
Russian Hackers Preparing New Cyber Assault Against Ukraine
Jeremy Hunt insists his Budget will get young parents and over-50s back into work
If this was in Tehran, Moscow or Hong Kong
TRUMP: "Standing before you today, I am the only candidate who can make this promise: I will prevent World War III."
Mexican President Claims Mexico is Safer than the U.S.
A brief banking situation report
Lady bites police officer and gets instantly reaction
We are witnessing widespread bank fails and the president just gave a 5 min speech then walked off camera.
Donald Trump's asked by Tucker Carlson question on if the U.S. should support regime change in Russia?.
Silicon Valley Bank exec was Lehman Brothers CFO
In a potential last-ditch effort, HSBC is considering a rescue deal to save Silicon Valley Bank UK from insolvency
BBC Director General, Tim Davie, has apologized, but not resigned, yet, following the disruption of sports programmes over the weekend
Elon Musk Is Planning To Build A Town In Texas For His Employees
The Silicon Valley Bank’s collapse effect is spreading around the world, affecting startup companies across the globe
City officials in Berlin announced on Thursday that all swimmers at public pools will soon be allowed to swim topless
Fitness scam
Market Chaos as USDC Loses Peg to USD after $3.3 Billion Reserves Held by Silicon Valley Bank Closed.
Senator Tom Cotton: If the Mexican Government Won’t Stop Cartels from Killing Americans, Then U.S. Government Should
Banking regulators close SVB, the largest bank failure since the financial crisis
The unelected UK Prime Minister Rishi Sunak, an immigrant himself, defends new controversial crackdown on illegal migration
Man’s penis amputated by mistake after he’s wrongly diagnosed with a tumour
In a major snub to Downing Street's Silicon Valley dreams, UK chip giant Arm has dealt a serious blow to the government's economic strategy by opting for a US listing
It's the question on everyone's lips: could a four-day workweek be the future of employment?
Is Gold the Ultimate Safe Haven Asset in Times of Uncertainty?
Spain officials quit over trains that were too wide for tunnels...
Don Lemon, a CNN anchor, has provided a list of five areas that he believes the black community needs to address.
Hello. Here is our news digest from London.
Corruption and Influence Buying Uncovered in International Mainstream Media: Investigation Reveals Growing Disinformation Mercenaries
Givenchy Store in New York Robbed of $50,000 in Merchandise
European MP Clare Daly condemns US attack on Nord Stream
Former U.S. President Carter will spend his remaining time at home and receive hospice care instead of medication
Tucker Carlson called Trump a 'demonic force'
US Joins 15 NATO Nations in Largest Space Data Collection Initiative in History
White House: No ETs over the United States
U.S. Jet Shoots Down Flying Object Over Canada
Being a Tiktoker might be expensive…
SpaceX, the private space exploration company, made a significant breakthrough in their mission to reach space.
China's top tech firms, including Alibaba, Tencent, Baidu, NetEase, and JD.com, are developing their own versions of Open AI's AI-powered chatbot, ChatGPT
This shocking picture, showing how terrible is the results of the earthquake in Turkey
President Joe Biden delivered the 2023 State of the Union Address , in order to help Americans that missed the 2022 speech, do not have internet, and suffer from short memory.
The desk of King Carlos Alberto of Sardinia has many secret compartments
Today's news from Britain - 9th February 2023
The five largest oil companies in the West generated combined profits of nearly $200 billion in 2022, which has led to increased calls for governments to impose tougher windfall taxes
2 earthquakes in Turkey killed over 2,300 people
Powerful Earthquake Strikes Turkey and Syria, Killing More Than 1,300 People.
Turkish photographer Ugur Gallenkus portrays two different worlds within a single image. Brilliant work