Tension of investors is increasing day by day as this is the 4th straight day that Bitcoin and other major currencies are trading lower by 5%. Yesterday, the value of bitcoin that was at $37,727.39 down by 4.12%, today on Saturday, June 19, 2021, this cryptocurrency is trading at $35,563.50 down by 5.64%. Same is the case with other cryptocurrencies also, as they are also witnessing downfall day by day.
Major Cryptocurrencies – Bitcoin, Ethereum, And Others Remain To Be In The Red
Crypto market is a volatile market and its prices change more frequently. You cannot predict when the prices will go up and when it will be below your expectations. But whatever the situation is, it is a riskier market. Sudden downfall in the price of oldest cryptocurrency ‘Bitcoin’ has dented the sentiments of the investors because in the last 4 days what we have witnessed is the downfall in this cryptocurrency.
Because this oldest cryptocurrency ‘Bitcoin’ is witnessing this downfall in its price graph, it has also affected the pricing of other major cryptocurrencies. Ethereum, which is another major cryptocurrency is also trading at $2,222.74 down by 5%. Dogecoin, which is also another better option for investment, today it is trading at $0.290630 and is down by 4.06% and same goes with other major cryptocurrencies also.
Current scenario of this market shows that it is a very riskier market to invest and more over it is like you are gambling with your wealth, because it is unpredictable that whether the graph will keep on going down or it will take a U-turn and will go up. On June 15, 2021 everyone witnessed that Bitcoin was trading at $40,162.32 and today, after 4 days it is trading at $35,563.50, a downfall of 11.45% from June 15, 2021.
Top Cryptocurrencies And Their Value On June, 19, 2021 (Saturday)
Value (Saturday, 19 June 2021)
|Tether||$1||up by 0.15%|
|USD Coin||$1||up by 0.15%|