Open Demo Account
Home / Market Update / Cryptocurrency / Global Market Selloff Infects Crypto

Global Market Selloff Infects Crypto

Mohamed Abdelhamid 20 September, 2021 8:15 pm Cryptocurrency

Cryptocurrency prices dropped as a reaction to large selloff move because of worries about infection from China’s Evergrande Group swept all global markets.


Bitcoin dropped as much as 10.7% to $42,522 in New York trading sessions, Sunday, reaching the lowest level since 1 August.

The current point is also below 7 September low, when the cryprocurrency dropped as much as 17% in less than an hour.

Other digital assets also retreated, with Bitcoin Cash, EOS and Ether all declining.

Tags

Check Also

Bitcoin Market Analysis: A Sideways Trend with Upward Potential

The Bitcoin market remains in a sideways trading range that began in February. Despite experiencing …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends