Home Cryptocurrency News Bitcoin tumbles 7%, leads main cryptocurrency losses – MarketWatch

Bitcoin tumbles 7%, leads main cryptocurrency losses – MarketWatch

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Main cryptocurrencies tumbled amid considerations in regards to the omicron variant and vacation journey disruptions across the globe. Bitcoin
BTCUSD,
-6.34%

traded 7.4% decrease from 24 hours in the past at round $47,849. The cryptocurrency was down greater than 30% from its all-time excessive of $68,990 in November, in keeping with CoinDesk knowledge. Ether
ETHUSD,
-6.04%

declined 7.6% over the previous 24 hours, lately buying and selling at $3,801. It was down greater than 20% from its file excessive of $4,866 in November. For smaller tokens, Terra’s LUNA dropped 8.9% to about $86, whereas Polkadot
DOTUSD,
-10.39%

went down 13% to round $28. Meme coin Dogecoin
DOGEUSD,
-7.13%

traded 9% decrease at round $0.17, whereas one other dog-themed token Shiba Inu
SHIBUSD,
-10.12

misplaced 11.3% over the previous 24 hours, lately buying and selling at $0.000035.The omicron variant has led to the cancellation of 1000’s of flights across the globe, whereas the U.S. Facilities for Illness Management and Prevention on Monday minimize its advisable COVID-19 isolation time to 5 days from 10.

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