{"id":221793,"date":"2022-03-21T21:00:25","date_gmt":"2022-03-21T21:00:25","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=221793"},"modified":"2022-03-21T19:28:39","modified_gmt":"2022-03-21T19:28:39","slug":"cryptocurrencies-15","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/cryptocurrencies-15\/","title":{"rendered":"Cryptocurrencies are falling amid uncertainty in Ukraine"},"content":{"rendered":"

London, (Business News Report)||<\/strong> Cryptocurrencies fell on Monday morning amid uncertainty over the Russian war in Ukraine, and murky buying and selling.<\/p>\n

Also, according to the bitcoin blockchain data, a number of long-term holders of the most popular currency are making intense and ambiguous purchases.<\/p>\n

In trading on Sunday, the market value of digital currencies fell by 1.96% to reach $1.85 trillion.<\/p>\n

The price of Bitcoin (BTC), the world’s largest cryptocurrency, fell 2.54%, to $40,877.75, and its market value reached $776.7 billion.<\/p>\n

Bitcoin (BTC) is expected to see a “bigger movement” as early as this week.<\/p>\n

In its latest market update, trading suite Decentrader\u00a0told<\/a>\u00a0readers that the time would soon come to \u201cpull the trigger\u201d with liquidity as BTC price action goes up or down.<\/p>\n

During an appearance last Tuesday on Bloomberg TV, Galaxy Digital CEO Mike Novogratz predicted that Bitcoin (the world’s largest cryptocurrency) would reach $500,000 within five years.<\/p>\n

The highest level that Bitcoin reached on November 10 was at $68,992.<\/p>\n

It is reported that officials at the European Parliament’s Committee on Economic and Monetary Affairs voted to amend the language used in the draft Markets in Crypto Assets Bill introduced in 2020.<\/p>\n

If members vote to adopt the new rules, it will require Bitcoin and other cryptocurrencies to phase out \u201cProof of Work\u201d and switch to methods like Proof of Stake, a mechanism that allows cryptocurrency holders to monitor and create their own verification nodes.<\/p>\n

Prices of main cryptocurrencies<\/h3>\n

The price of Ethereum coin (ETH) decreased by 2.13%, recording $2,863.13. The price of Ripple XRP increased by 0.73% to levels of $0.809. On the other hand, the price of the Terra Luna currency LUNA\/USD increased by 1.83%, to record levels of 94.37 dollars.<\/p>\n

The price of the Cardano coin fell by 1.97% to record $0.8863. Solana’s price declined by 2.60% to the level of $88.42.<\/p>\n

The price of Polkadot also fell by 2.64% to levels of $18.81. DOGE’s price also lost 1.83% to $0.1204 levels.<\/p>\n","protected":false},"excerpt":{"rendered":"

London, (Business News Report)|| Cryptocurrencies fell on Monday morning amid uncertainty over the Russian war in Ukraine, and murky buying and selling. Also, according to the bitcoin blockchain data, a number of long-term holders of the most popular currency are making intense and ambiguous purchases. In trading on Sunday, the market value of digital currencies […]<\/p>\n","protected":false},"author":4,"featured_media":221794,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[3701,278],"class_list":["post-221793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-cryptocurrencies","tag-featured"],"yoast_head":"\nCryptocurrencies are falling amid uncertainty in Ukraine| BNReport<\/title>\n<meta name=\"description\" content=\"BNReport| Cryptocurrencies fell on Monday morning amid uncertainty over the Russian war in Ukraine, and murky buying and selling.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/cryptocurrencies-15\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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