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Blockscroll > Blockchain > Price Drops for Bitcoin, Ethereum, Dogecoin, and Other Cryptos Today
Blockchain

Price Drops for Bitcoin, Ethereum, Dogecoin, and Other Cryptos Today

Teresa Bach
Last updated: 2022/11/19 at 11:48 AM
By Teresa Bach 8 months ago
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2 Min Read
Shocking: Bitcoin's worst quarterly close in 11 years
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Since the collapse of the TerraUSD algorithmic stablecoin, which prompted a sell-off in cryptocurrencies, the bitcoin price has been hovering around. The world’s largest and most popular cryptocurrency fell over 2% to $29,396.

#Crypto#BTC– 29359$ 24H CHANGE-> -3.6%#ETH– 1986$ 24H CHANGE-> -3.5%#BNB– 328$ 24H CHANGE-> 0.6%#LTC– 70$ 24H CHANGE-> -4.1%#DOGE– 0.084$ 24H CHANGE-> -3.2%#SHIB– 0.000012$ 24H CHANGE-> -3.5%
Automated tweet. Every hour.
— Crypto Price Updates (@cryptoprices_xd) May 24, 2022

The token has dropped 36% this year and is trading well below its top of $69,000 in November 2021.
On the other side, Ether, the second-largest cryptocurrency and the unit tied to the Ethereum network, declined roughly 2% to $1987. Meanwhile, the price of dogecoin was down to $0.08 today, while Shiba Inu remained practically unchanged at $0.000012.
Cardano, Avalanche, Polygon, Stellar, XRP, Polkadot, Terra (Luna), Litecoin, and Uniswap all saw their values drop in the past 24 hours, but Uniswap and Tron saw their values rise.
Since data revealed rising US inflation, investors have grown concerned about the economic effects of aggressive central bank tightening and have sold off risk assets, including cryptocurrencies, this year.
Since the crypto market slump began in April, billions of dollars have been lost in market value.

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Teresa Bach May 24, 2022
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Teresa Bach
By Teresa Bach
Teresa is a crypto writer. She is interested in cryptocurrencies, technology, and in particular the subject of online security. An open supporter of freedom of speech, privacy, and equality for all. On a personal level, he likes to stay socially active, loves playing snooker, cricket, enjoys seafood, and loves listening to folk music.
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