The color red dyes crypto and the collapse of Dogecoin
The prices of digital currencies in the crypto market fell in trading today, Monday, October 31, 2022, amid the collapse of the Dogecoin currency.
Today, Monday, the market value of cryptocurrencies recorded 1,054.05 trillion, recording a loss of 1.76%, amid cash flows during the last 24 hours, worth $ 72.17 billion.
Bitcoin price today
Bitcoin (BTC), the largest currency in the cryptocurrency market, fell 1.75% to $20,613.52.
The market value of the world’s most popular currency jumped to $393.25 billion.
The “litefinance” Foundation expects that the price of Bitcoin will rise during December 2022 to levels of $28,791 thousand (the lowest price), and $36,763 thousand (the highest price), with the average price of Bitcoin at the end of this year being $30,881.
Cryptocurrency rates today
The price of Ethereum (ETH) fell significantly during trading on Monday, by 2.91%, to reach $1,599.89.
While the price of the Binance coin BNB rose by 0.27%, to record the level of $ 313.13.
The price of the XRP currency recorded today, Monday, a significant loss of 3.08%, to record about $0.4614.
The Cardano coin fell by 4.64%, bringing its price to about $0.4063.
The price of the Dogecoin currency collapsed this morning by 14.02%, to become about 0.01196 dollars.
While the Polkadot currency returned to gains by 0.32%, recording a price of about 6.76 dollars.