Sep 21, 2021
By: BI India BureauThe fear is that China’s Evergrande crisis could spark a prolonged global rout
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There is a general shift away from risk assets in the market
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The overall market is down by nearly 10 percent, its market cap now at $1.91 trillion
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The cryptocurrency has dipped by over 7 percent in the last 24 hours
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said analyst Rekt Capital on Twitter
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Credit: Business Insider India
The cryptocurrency has plummeted by nearly 7 percent since yesterday
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Having risen to being the third biggest cryptocurrency in the market this year, it has lost nearly 5 percent of its value in the last 24 hours
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The token has booked losses of 8.26 percent since yesterday
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Its value has dipped below the $1 threshold to $0.94
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The ‘Ethereum Killer’ was not able to buck the trend and has fallen by nearly 5 percent in the last 24 hours
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The blockchain saw is fortunes rise this past week, but gains have mostly been wiped out with it dropping by nearly 9 percent in the last 24 hours
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The 7.5 percent hit in the last 24 hours has the cryptocurrency trading at $0.2068
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These are top cryptocurrencies by volume according to CoinMarketCap | Prices updated as of September 21, 11 am IST and may change over the course of the day
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