Cryptocurrency Market Volume Has Shrinked $15 Billion In The Last 24 Hours

The crypto money market, which did not make investors smile for a long time, experienced a serious loss of value especially at night.

The crypto money market, which we had not seen for days, left the investors in a desperate wait. Although the developments in Bitcoin and other cryptocurrencies day by day give hope that the stock markets will move and make profits again, the faces did not smile.. While all this was going on, there was another serious decrease in the last 24 hours.

By looking at the graph we got from Coinmarketcap, the crypto money market has lost 15 Billion Dollars in the last 24 hours.

To examine the depreciation of cryptocurrencies one by one, there are currencies that lost up to 30% in the Top 10 list. Especially in the top 10, Ethereum and Ripple have experienced serious depreciation, while it is possible to see 38% loss levels in crypto currencies that fill the next rankings.

If we look at the top 10, the values ​​are as follows:

Although it was a tough night for investors, we saw from the discussions on the subject on Reddit and other social platforms. so far, people have argued that must not rush and return to traditional money, that there is a transition period and that the market will recover itself in line with the investments to be made after these losses.

According to some, this situation is the result of the confusion in the minds of investors with the regulation of Bitcoin infrastructure that will be experienced on August 1st.. And the effects of the date approaching.

Some users have withdrawn their money from the market and converted it into traditional money due to the long-standing decline and the investors’ hopelessness to avoid further losses.

As a result, investors seem determined to keep their money still in the market. We hope that soon the faces of the investors will smile and the market will be revived.

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