In addition to the largest cryptocurrency, coins from the second and third rows also lost value last weekend.
(Photo: Reuters)
Frankfurt Even if investors in the crypto market are used to a high degree of volatility, the price slide last weekend is likely to have surprised many of them. In the night from Friday to Saturday, important cryptocurrencies such as Bitcoin or Ether lost up to 20 percent in the meantime. Investors also suffered heavy losses with digital currencies from the second and third tier.
In the meantime, the situation has eased slightly again. Bitcoin was quoted again at over $ 48,500 on Monday afternoon, around $ 6,000 above the weekend low of $ 42,874 that the Coinmarketcap platform made on Saturday. The Ethereum rate also rose again to over $ 4,000, after the weekend low of $ 3,525 on Saturday.
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