Saturday's crypto market crash is being felt across the board as all of the top 20 cryptocurrencies by market cap are having double-digit losses. At the time of publishing, Bitcoin (BITCOMP) has fallen around 15.87% to $47,764.
Meme coins such as Dogecoin (DOGE-X) and Shiba Inu (SHIB-X) dropped 15.87% and 11.47%, respectively. DOGE was trading at around $0.1745 while SHIB was trading at near $0.00003754.
Dogelon Mars has fallen by 17.59% in the last 24 hours and was trading at $0.000001238. Bitcoin’s prices have been down 13.64% in the last seven days, and the coin’s dominance in the crypto market is around 40.51%. Ethereum (ETH-X) was down 14.8% in the last 24 hours and was trading at around $3,900.75.
According to coinmarketcap.com, global crypto market capitalization has witnessed a fall of 15.90%, with a total market capitalization of $2.21 trillion. The total crypto market volume is $204.50 billion, increasing 78.54%.
Crypto prices plunged as the stock market declined this week. The Nasdaq ended Friday down 2% as tech stocks slipped, amid renewed economic uncertainty as the Omicron coronavirus variant continued its spread worldwide.
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