The selloff in cryptocurrency prices has resumed, with Bitcoin trading between USD30,000 and USD40,000, while global equities markets have remained under pressure. The world's largest and most popular stock dropped over a percent to USD30,176. It's down 37% so far this year, and is trading well below its November 2021 high of USD69,000.
On the other side, Ether, the second-largest cryptocurrency and the token linked to the Ethereum blockchain, fell slightly to USD2,061. Meanwhile, the price of dogecoin has dropped to USD0.08, while the price of Shiba Inu has dropped over 1% to USD0.000012.
The performance of other digital tokens was likewise low. Prices of Solana, Cardano, Uniswap, Avalanche, Polygon, Stellar, Tron, XRP, and Polkadot have all seen slight drops in the last 24 hours, but Terra (Luna) has continued to lose ground, falling almost 32% to USD0.00017.
Meanwhile, according to CoinGecko's pricing, the global crypto market's worth has dropped around 2% in the last 24 hours to USD1.3 trillion. In the last week, the total market value of cryptocurrencies has decreased by nearly USD350 billion.