Banking and insuranceEconomical

The heavy fall of digital currencies


The British Financial Transaction Authority said it was stepping up its crackdown on cryptocurrency-related transactions to combat money laundering, criminal activity and terrorist financing, according to CNBC. In the framework of the new plan of this organization, a number of selected employees are to be specially trained in dealing with criminal acts using digital currencies. The UK has previously outlawed a number of digital currency exchanges, including Baines.

Despite the poor performance of Bitcoin after recording its historic peak, the President of El Salvador has announced plans to launch the world’s first Bitcoin city in the country. El Salvador is the only country in the world that has introduced bitcoin as its official currency and, despite the explicit warning of many economists, has tied the future of its financial and banking system to digital currencies.

After a few positive pulses, some current and former US officials are now critical of Bitcoin and other digital currencies: Christopher Waller, a senior US Federal Reserve executive, says he sees the intrinsic value of many current digital currencies. It is zero in the market. He said that anyone can launch a digital currency for themselves and its value is just a deal, so it is possible that the value of that currency will be zero at any moment.

The total global market value of digital currencies is currently estimated at $ 2.480 billion, down 6.45% from the previous day.

Bitcoin currently owns 43% 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: $ 57,179.98

Price changes in the last 24 hours: 3.84% decrease

Recent week price changes: 10.74% decrease

2- Atrium

Price: $ 4194.96

Price changes in the last 24 hours: 3.84% decrease

Recent week price changes: 8.79% decrease

3- Bainance Quinn

Price: $ 566.75

Price changes in the last 24 hours: 3.89% decrease

Price changes in the last week: 10.92% decrease

۴- تتر

Price: $ 1.00

Price changes in the last 24 hours: 0.01% increase

Recent week price changes: 0.01% increase

5- Solana

Price: $ 220.28

Price changes in the last 24 hours: 3.47% decrease

Recent week price changes: 7.92% decrease

6- Cardano

Price: $ 1.80

Price changes in the last 24 hours: 1.90% reduction

Recent week price changes: 11.59% decrease

7- Ripple

Price: $ 1.05

Price changes in the last 24 hours: 1.83% decrease

Recent week price changes: 11.75% decrease

8- Polka Dutt

Price: $ 39.91

Price changes in the last 24 hours: 3.65% reduction

Recent week price changes: 12.04% decrease

9 – USQ Quinn

Price: $ 1.00

Price changes in the last 24 hours: 0.01% increase

Recent week price changes: 0.01% increase

۱۰- اولانچ

Price: $ 144.10

Price changes in the last 24 hours: 11.20% increase

Recent week price changes: 49.60% increase

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