Crypto Collapse, U. S. Market Oscillates on War Alert
Crypto markets were in the red this morning, with most of the 10 most sensitive cryptocurrencies posting losses in the last 24 hours.
The U. S. market The U. S. economy stumbled sharply last week as investors digested warnings of higher rates and an imaginable war between Russia and Ukraine. It was a combined week for big tech companies, with Apple (-4. 88%) and Microsoft (-4. 13%) ending last week. superior.
The UK100 fell 0. 68% last week as markets continued their volatile start to the year.
Bitcoin is down around 3%, still trading above $37,000 at the time of writing. Ethereum was down around 3%, while Cardano and XRP posted losses of around 4% and 5% respectively. Solana and Polkadot were down about 6%. Avalanche has lost 8% in the last 24 hours.
Terra continues with its primary losses. It has lost 10% of its price and 26% in the last 7 days.
Most of the hundred most sensible coins have lost between 4% and 7% today. Fantom is down 9% and Harmony (ONE) is down about 8% of its value. Still, ONE is a token to look out for this week. It trades between $0. 16 and $0. 36.
The value recovered and the bulls will now try to push the ONE/USDT trading pair above $0. 19. ONE is recently trading at $0. 17, but could rise to $0. 28 until the end of the week.
Kusama and Secret are down 9%. Convex Finance, which posted dramatic gains last week, lost 8% today. Kadena lost 10% in the last 24 hours. Waves and IoTeX lost 11% of their value.
RenderToken (RNDR), a distributed GPU rendering network based on most of the Ethereum blockchain, stands out today. It aims to connect artists and studios that need GPU computing power with mining partners interested in leasing their GPU capabilities.
In 100th place, he is one of today’s losers with -9%. However, it has gained 61% in the last seven days, making it the winner of the week.
OMG Network gained 4% today. Formerly known as OmiseGo, OMG is a non-custodial Layer 2 scaling solution designed for the Ethereum blockchain. This is one of the biggest winners of the last 7 days, which has added 27% to its value.
Maker (MKR), the governance token of MakerDAO and Maker Protocol, is one of the few cryptocurrencies in green today. You have gained only 4% in the last 24 hours. Arweave added 2% to its value.
CryptoTycoon is a gaming platform based on BSC (Binance Smart Chain). Players can spend BNB, BUSD and other tokens funded by BSC in the game to participate in the performance agriculture of the game.
The game’s formula has a symbolic mechanism of deflation and a dividend bond model, reflected in its 231% expansion in value over the past 24 hours.
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