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Most major digital currencies have risen slightly

The Chinese government, which has previously outlawed any cryptocurrency activity in the country and caused a severe and prolonged market downturn, has once again shown that it is serious about its decision to crack down on cryptocurrencies and the Central Committee of the Chinese Communist Party. A senior government official in Jiangxi province has been fired for ignoring digital currency mining guidelines, he said.

In an unexpected decision, the Securities and Exchange Commission opposed the issuance of a license to operate a bitcoin-based investment fund in the country’s capital market. The commission said it could not issue a license to operate the Vanx Fund because of what it called uncertainty about the possibility of fraud and manipulation of the fund’s stock price. The fund was based on Bitcoin and Atrium.

Simultaneously with the conquest of the $ 68,000 peak by Bitcoin, which is a new price record, the selling pressure in the market increased, which also became a stimulus for a massive fall in the market. The sell-off was driven both by a recent uptrend and by cautious investors fearing a price bubble, and some analysts believe that if it continues for a few days or bad news is released, a big drop should be expected.

The total global market value of digital currencies is currently estimated at $ 2.8 trillion, up 0.88% from the previous day.

Bitcoin currently owns 45% of the total digital currency market and Atrium 17%. Bitcoin was created 12 years ago by an anonymous group of traders on the blockchain platform, and its first trades were formed in 2009.

Digital currency price update (until 5 pm Eastern time)

This category contains the price changes of 10 major digital currencies in terms of market value.

1- Bitcoin

Price: $ 63,968.53

Price changes in the last 24 hours: 0.08% decrease

Recent week price changes: 4.46% increase

2- ethereum 

Price: $ 4644.27

Price changes in the last 24 hours: 0.8% decrease

Recent week price changes: 4.12% increase

3- Binance coin

Price: $ 646.94

Price changes in the last 24 hours: 4.32% increase

Price changes in the last week: 3.79% increase

4- Solana

Price: $ 237.11

Price changes in the last 24 hours: 3.52% increase

Recent week price changes: 6.19% increase

5- Tether

Price: $ 1.00

Price changes in the last 24 hours: 0.01% decrease

Recent week price changes: 0.01% decrease

6- Cardano

Price: $ 2.05

Price changes in the last 24 hours: 0.39% increase

Recent week price changes: 3.68% increase

7- Ripple

Price: $ 1.19

Price changes in the last 24 hours: 0.20% increase

Recent week price changes: 3.5% increase

8- Polka Dutt

Price: $ 46.90

Price changes in the last 24 hours: 2.13% increase

Recent week price changes: 7.53% increase

9- Dogecoin

Price: $ 0.259

Price changes in the last 24 hours: 0.37% increase

Recent week price changes: 0.26% increase

10 – USD Quinn

Price: $ 1.00

Price changes in the last 24 hours: 0.01% decrease

Recent week price changes: 0.01% decrease

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